KIEV, Aug. 29 – The Executive Board of the International Monetary Fund on Friday completed the first review of how Ukraine fulfils the economic program backed by the Stand-By Arrangement (SBA) and approved the SBA second tranche worth SDR 914.67 million ($1.39 billion), the IMF said in a statement.
The IMF says that the SBA worth SDR 10.97 billion ($16.67 billion) was approved on April 30 to support the Ukrainian government's economic, which aims to restore macroeconomic stability, strengthen economic governance and transparency, and launch sound and sustainable economic growth while protecting the vulnerable groups.
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