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The Nexus
WORLDJun 12 · 23:45 UTCKYIV POSTOlena Hrazhdan

IMF Staff Greenlights $690 Million for Ukraine Despite Missed VAT Benchmark

The International Monetary Fund has approved $690 million for Ukraine as part of an $8.1 billion loan program, despite lawmakers previously delaying reform bills. The agreement was reached at the staff-level for the first review of the Extended Fund Facility program, even though Ukraine missed a VAT benchmark.

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