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.