Ukraine's PM Shmyhal: IMF memo contains nine important benchmarks

They are integral parts of the government's action plan.

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Ukrainian Prime Minister Denys Shmyhal has said the memorandum on the new 18-month Stand-By Arrangement (SBA) between Ukraine and the International Monetary Fund (IMF) contains nine important benchmarks.

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"The memorandum that has been signed and published contains nine structural benchmarks," he told one of the Ukrainian TV channels.

"They are not difficult, they are integral parts of the government's action plan. They are absolutely sound for Ukraine regarding the direction in which to move to have a stable economic and macroeconomic situation," Shmyhal added.

As UNIAN reported earlier, the IMF Executive Board on June 9 approved an 18-month Stand-By Arrangement (SBA) for Ukraine, with access equivalent to SDR 3.6 billion (about US$5 billion, or 179% of quota). The first disbursement is worth US$2.1 billion.

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