U.S. congratulates Ukraine on new IMF program – Embassy

03:58, 10 December 2019
Economy
249 0
REUTERS

"Congratulations to Ukraine and the IMF for reaching a staff level agreement for a new aid program. A successful IMF program is critical to Ukraine's economic growth and military defense," the embassy said on Twitter on December 9.

Read alsoUkraine, IMF agree on new US$5.5 bln cooperation program

As UNIAN reported earlier, Ukraine and the IMF had agreed on a new three-year US$5.5 billion Extended Fund Facility for Ukraine. The IMF Board is yet to approve the deal.

Ukrainian Finance Minister Oksana Markarova said that the agreement with the IMF would let Ukraine get EUR 500 million in macro-financial assistance from the European Union on favorable terms in the coming months.

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