A delegation from the National Bank of Ukraine, led by NBU Governor Andriy Pyshny, has departed for Warsaw, where the International Monetary Fund (IMF) mission will commence on May 27, according to the National Bank of Ukraine press service.
The press release states that a Ukrainian delegation is traveling to Warsaw for negotiations.
"If the fourth review of the programme is successfully completed, Ukraine could receive the next tranche of over $2.2 billion, bringing the total funding received to $7.6 billion," the statement reads.
Last week, an IMF team led by Alfred Kammer, head of the IMF's European Department, was in Kyiv. The discussions focused on the risks facing Ukraine's economy and the government's economic policy objectives.
Ukraine's agreement with the IMF for an Extended Fund Facility (EFF) programme worth $15.6 billion was approved in March 2023. Under this programme, four tranches totaling approximately $5.4 billion have already been received, including $880 million in March.
The programme also includes political commitments from partners to provide $122 billion by 2027. The IMF hopes that the agreement for the fourth review can be presented to the Executive Board for approval by the end of June. In 2024, Ukraine is expected to receive around $5.4 billion.
