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IMF mission set to start work in Ukraine for 7th review of EFF loan program

Ukraine's Finance Minister Sergii Marchenko, IMF Managing Director Kristalina Georgieva meet in AlUla, Saudi Arabia on Feb. 17 (Photo by Ukraine's Finance Ministry)

An International Monetary Fund (IMF) mission is expected to start work in Ukraine in the coming days for the seventh review of the Extended Fund Facility (EFF) loan program, Ukraine's Finance Ministry said.

"We have successfully completed six program reviews and are working on meeting the conditions for the seventh review, which will result in the next tranche of about $917.5 million," Ukraine's Finance Minister Sergii Marchenko said on Monday, following a meeting with IMF Managing Director Kristalina Georgieva in AlUla, Saudi Arabia.

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