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IMF expecting swift action on Extended Fund Facility preconditions
Journal Staff Report

KIEV, Feb. 27 – The International Monetary Fund expects the Ukrainian authorities to swiftly implement the precondition measures set by the IMF Executive Board before it considers the new $17.5 billion Extended Fund Facility Arrangement for Ukraine, at its meeting scheduled for March 11.

"The disbursements under the program will be heavily front-loaded, including a significant initial disbursement upon approval. We are convinced that this will help achieve rapid macroeconomic stabilization," the Fund said in a press release.




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