The completion of the review allows for the immediate disbursement…
The completion of the review allows for the immediate disbursement of a tranche amounting to $690 million, thereby bringing the total volume of payments [under the new credit support program] from the IMF to approximately $2.2 billion. Earlier, on July 9, it was reported that the International Monetary Fund delayed the payment of Ukraine's planned credit tranche in the amount of about $700 million.
Consensus
- The IMF approved a $690 million loan tranche for Ukraine.
- The tranche is part of a four-year Extended Fund Facility (EFF) program worth $8.1 billion.
- The first review of Ukraine's compliance with the program conditions has been completed by the IMF.
- Total disbursements under the new program have reached approximately $2.2 billion.
- The decision was made by the IMF Executive Board or Executive Directors.
Points of divergence
- A preliminary agreement on funding was reached on June 12. — riamo
- The economic situation in Ukraine is deteriorating, and reform implementation has slowed down according to experts. — kommersant
- IMF Managing Director Kristalina Georgieva emphasized the need for balanced fiscal-tax and monetary policies and reforms focused on financial sector sustainability. — kommersant
- The IMF delayed the planned $700 million tranche payment, which was due on June 1, with a previous report stating it had been held back as of July 9. — vesti
- IMF spokesperson Julie Kozak said the fund may disburse nearly $700 million in the coming weeks, without specifying exact dates. — vedomosti
Coverage (7 sources)
- IMF allocated $690 million to Ukraine under a new credit support program — РИАМО
- IMF approved $690 million allocation for Ukraine — Коммерсантъ
- IMF approved new tranche of $690 million for Ukraine — Интерфакс
- IMF approved $690 million credit tranche for Ukraine — Вести
- MFS announces a tranche of $690 million for Ukraine under the new credit support program — ТАСС (Telegram)
- IMF may pay Ukraine $700 million — Ведомости
- IMF may approve a nearly $700 million tranche for Kyiv — Вести