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Military operation in Ukraine

IMF approves allocating $880 million to Ukraine

The previous installment of $900 million was approved last December

© Andrei Ratmirov/TASS

WASHINGTON, March 22. /TASS/. The Executive Board of the International Monetary Fund (IMF) has authorized allocating $880 million to Ukraine under the Extended Fund Facility (EFF) mechanism, the IMF said in a statement.

"The IMF Board today completed the Third Review of the extended arrangement under the Extended Fund Facility (EFF) for Ukraine, allowing the authorities to draw the equivalent of about US$880 million (SDR 663.9 million), which will be channeled for budget support," the organization said.

The previous installment of $900 million was approved last December.

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Ukraine United States Military operation in Ukraine

Military operation in Ukraine

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