22 May 2020, Friday, 13:17 115

Ukraine, IMF Preliminarily Agree On New SBA Program For USD 5 Billion

Редактор: Daria Zubkova

Ukraine and the International Monetary Fund (IMF) have reached preliminary agreement on a new SBA program for USD 5 billion.

The IMF has said this in a statement, Ukrainian News Agency reports.

The funds will be allocated to secure payment balance and provide the budget support to assist Ukraine's authorities to overcome the consequences of the shock after the coronavirus pandemic.

The agreement has yet to be approved by the IMF leadership and executive council.

The issue’s consideration is expected in the coming days.

As Ukrainian News Agency earlier reported, Finance Minister Serhii Marchenko is expecting the first tranche from the IMF before late May.

Больше новостей о: IMF tranche agreement SBA program

Vereshchuk urges Ukrainians to leave Crimea before its de-occupation

Budanov speaks about Wagnerites who staged coup in Sudan

News

latest
Popular
important

West pushing Ukraine to hold elections despite war - WP 16:18

Russia fighting in Ukraine for minerals - German Institute of Lithium 15:50

British intelligence explains gasoline disappearance from russian gas stations 15:15

Vereshchuk urges Ukrainians to leave Crimea before its de-occupation 14:57

Republican presidential candidate DeSantis claims Ukraine's membership in NATO unprofitable for US 14:24

more news

Ukrainian soldiers break through russian defense in Verbove - General Tarnavskyi 16:59

Vereshchuk urges Ukrainians to leave Crimea before its de-occupation 14:57

President Zelenskyy’s visit revealed "strategy divide" between Ukraine and US - media 14:25

Britain holds secret talks with russia on Ukraine 15:19

AFU explain why attacks on Sevastopol are needed 15:49

more news

9 occupiers killed in attack on russian Black Sea Fleet headquarters in Sevastopol - Defense Intelligence head Budanov 13:41

more news

Russia fighting in Ukraine for minerals - German Institute of Lithium