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Ukraine to receive $400 million tranche from IMF after seventh loan program review

Photo by Marek Ślusarczyk via WikiCommons, CC 3.0

Ukraine and the International Monetary Fund (IMF) have reached a staff-level agreement on the seventh review of Ukraine's $15.5 billion Extended Fund Facility (EFF) program, unlocking $400 million in funding.

The funding will be released to Ukraine once the IMF board approves the agreement, which would bring the total disbursements to Ukraine under the program to $10.1 billion, the IMF said in a press release on Friday.

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