The International Monetary Fund (IMF) has begun a mission for the fifth review of the Extended Fund Facility (EFF) program, which will enable Ukraine to attract $1.1 billion in the fall of 2024, announced Ukrainian Prime Minister Denys Shmyhal.
The IMF’s representative office in Ukraine confirmed the start of the mission this week to Interfax-Ukraine.
"We discussed the start of the mission during a conversation with IMF European Department Director Alfred Kammer. I thanked Mr. Kammer and the entire Fund team for their consistent work on the fourth review of the program, which took place this summer," Shmyhal wrote on Telegram on Monday evening.
He mentioned that they also discussed the implementation of reforms and meeting structural benchmarks.
"We noted progress in this area. Ukraine is systematically working with partners to ensure macro-financial stability, including the successful implementation of the EU Ukraine Facility program worth €50 billion," emphasized the head of the Ukrainian government.
Shmyhal also mentioned that the conversation with Kammer focused on the issue of seizing Russian assets, "which should become a significant resource for supporting Ukraine."
