Ukraine has successfully passed the first review of the four-year IMF program and will receive $ 900 million of the second tranche. At the same time, the Fund's experts improved the forecast for Ukraine's GDP growth for the current year..
If earlier the IMF expected that GDP could change from -3% to +1%, now they expect growth by 1-3%.
According to the head of the IMF mission, Gavin Gray, Ukraine has achieved positive results in the implementation of the structural beacons of the IMF program, which were envisaged until the end of May 2023.
Successful review of the program will allow Ukraine to attract the second tranche of the IMF loan in the amount of $900 million. The total volume of the IMF program is $15.6 billion, of which Ukraine has already attracted $2.7 billion in the form of the first tranche.
For comparison, earlier the National Bank improved its forecast for economic growth in 2023 from 0. 3% to 2. 0%. The regulator explained this by the restoration of the energy system and soft fiscal policy..
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It was also reported that the Dragon Capital investment company changed its preliminary forecasts for real GDP growth in Ukraine in 2023 by 3%.. Although the company had previously expected it to fall by 0.5%.