The International Monetary Fund has announced the launch of a capacity-building fund for Ukraine

Investors have already allocated USD 14 mln out of the targeted USD 65 mln.

The fund will cover the needs of implementing Ukraine’s capacity building plan and successfully implementing reforms. According to Ukraine’s two most recent memoranda with the IMF, the focus will be on maintaining macroeconomic, external and financial stability to strengthen Ukraine’s capacity.

Earlier, in the course of preparations for the second review of the Extended Fund Facility (EFF) programme, the IMF noted at least three important achievements of Ukraine related to economic stabilisation

– resumption of economic growth; 
– lower inflation rate;
– solid international reserves.

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