IMF to provide Ukraine with $500 million after review

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IMF said it has completed its eighth review under an extended arrangement as part of the Extended Fund Facility for Ukraine. File

IMF stated it has accomplished its eighth review below an prolonged association as a part of the Extended Fund Facility for Ukraine. File
| Photo Credit: AFP

The International Monetary Fund stated on Monday (June 30, 2025) it has accomplished its eighth review below an prolonged association as a part of the Extended Fund Facility for Ukraine, offering the nation with a disbursement of about $500 million (SDR 0.37 billion).

Total disbursements below the IMF-supported program for Ukraine will attain $10.6 billion with the brand new $500 million, which can be channeled for price range assist, the fund stated.

IMF stated that it maintains Ukraine’s 2025 development forecast at 2%-3%, as a smaller electrical energy deficit is balanced by decrease gasoline manufacturing and weaker agricultural exports.

“Russia’s war continues to take a devastating social and economic toll on Ukraine. Nevertheless, macroeconomic stability has been preserved through skillful policymaking as well as substantial external support” the primary deputy managing director of the fund Gita Gopinath stated.

“The economy has remained resilient, but the war is weighing on the outlook, with growth tempered by labour market strains and damage to energy infrastructure,” Ms. Gopinath added.

Ukrainian authorities are persevering with work to full their debt restructuring technique, which is crucial to create room for precedence expenditures, cut back fiscal dangers, and restore debt sustainability, the IMF stated.

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