IMF plays key role in Ukraine aid

The National Bank of Ukraine

Oksana Parafeniuk

- By Dan Hardie
- 06 Jun 2023

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International Monetary Fund staff said Ukraine’s authorities have met the conditions for the first tranche of aid given under new regulations.

The IMF’s new Ukraine package is the first time it has used newly modified rules on giving large-scale loans to countries facing crisis. It published a new policy on March 17, allowing it to extend “upper credit tranche” aid “in situations of exceptionally high uncertainty”.

Upper credit tranche aid packages consist of over 25% of an IMF member’s

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