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The IMF reviews Ukraine’s compliance with the EFF

On February 12, 2024, a delegation from the International Monetary Fund arrived in Kyiv to perform the third review of Ukraine’s compliance with the Extended Fund Facility (EFF). The IMF press office published the announcement on February 12.

Quote"An IMF team starts meetings today in Kyiv with the Ukrainian authorities and other stakeholders. The discussions will focus on the authorities’ economic objectives and the challenges facing the Ukrainian economy," said Vahram Stepanyan, the International Monetary Fund Resident Representative to Ukraine.

On February 13, 2024, the IMF team will participate in the inaugural meeting of the Steering Committee of the Ukraine Capacity Development Fund (UCDF), administered by the Fund.

This meeting will convene Ukrainian authorities, development partners, and IMF staff to discuss the support Ukraine receives from the International Monetary Fund.

On February 17, 2024, an IMF mission, led by Gavin Gray, will start policy discussions with the Ukrainian authorities in Warsaw on the third review of the Extended Fund Facility (EFF) Arrangement.

The IMF Executive Board approved the four-year Extended Fund Facility Arrangement for Ukraine on March 31, 2023. It requires Ukraine to meet structural benchmarks to receive funding from the IMF on a quarterly basis. The EFF will be implemented in two stages (the wartime and post-war ones).

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