The Ministry of Finance reported that the International Monetary Fund (IMF) granted Ukraine the second tranche in the amount of $890 million.
This tranche was allocated to Ukraine after the successful first revision of the Extended Fund Facility (EFF) program. Before that, the budget received $3.6 billion from the IMF.
The money will go to support the state budget and support international reserves so that the National Bank strengthens its ability to ensure the stability of the foreign exchange market.
- On June 30 , the IMF allowed the cancellation of the 2% "simplified" rate to be postponed. The tax policy is likely to be changed from August 1 — this is what the Board of Directors of the fund hopes for.
- On March 31, the IMFʼs executive board approved a four-year, $15.6 billion financing package for Ukraine to help the country meet its urgent financial needs amid the ongoing war.