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IMF starts sixth review of Ukraine loan arrangement

The IMF, Ukraine start talks on the sixth review of the EFF arrangement (Photo by Ukraine's Finance Ministry)

The International Monetary Fund (IMF) started the sixth review of its loan arrangement, or so-called Extended Fund Facility (EFF), with Ukraine, the country's finance ministry said in a press release on Monday.

For the review, Ukraine should meet four structural benchmarks: review pre-war policies and practices for medium-term budget planning, evaluate financial risks to stability and create action plans for different scenarios, analyze the debts and financial status of District Heating Companies, and develop a state ownership policy for SOEs, a dividend policy, and a privatization strategy, the ministry said.

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