Ukraine must meet certain conditions to ensure the International Monetary Fund financing.
“The [IMF] memorandum defines what Ukraine needs in order to strengthen our capacity on our way to the victory,” Pyshnyi said. “The $115-billion package should help reduce uncertainty.”
The next phase would include work with independent consultants and was likely to begin in 2024, he said. “I can see that the situation is considerably better than we had forecast in January. It is related to a much more resilient energy sector. We had more conservative estimates,” Nikolaichuk said.
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