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                        FRIDAY, MARCH 29, 2024
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Creditors provide guarantees for IMF-supported EFF program for Ukraine
Journal Staff Report

KYIV, March 27 – After a meeting with representatives of the IMF and the World Bank on March 23, the group of creditors of Ukraine (GCU) provided financial guarantees for a new IMF-supported EFF program for Ukraine, IMF Deputy Executive Director Vladyslav Rashkovan said.

"The provision of financing assurances by the GCU entails an extension of the standstill from August 1, 2022 over the period of the IMF program (2023-2027). An additional debt treatment to restore debt sustainability, once the situation is stabilized or at the latest by the end of the IMF program (2027)," he pointed out the essence of the decision on Facebook.




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