Saturday, 27 November 2021 05:46 GMT

Ukraine commits to 12 terms deal to obtain funding from IMF

(MENAFN) The Ukrainian government have made commitments to apply 12 key “structural benchmarks” to gain financial support from IMF under the current Stand-By Arrangement, which the Fund prolonged till June next year.

On Wednesday, Nov. 24 Ukrinform published a memorandum of Economic and Financial Policies, inked by Ukraine and the IMF issued by the financing, it included “our policies will continue to focus on addressing the economic and health crisis caused by COVID-19, while maintaining macroeconomic and financial stability, reducing vulnerabilities, and tackling key obstacles to private investment.”

The report includes a schedule containing 12 "structural benchmarks" which Ukraine’s government adopts to apply in the SBA’s condition.

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