Investor Presentaiton
Status of cooperation between Ukraine and the IMF
New US$ 2.7bn SDR allocation program
On August 25, 2021, Ukraine has received more than US$ 2.7bn (SDR
1.9bn) under SDR allocation program as part of IMF's assistance to member
countries in economic recovery from the coronavirus crisis. The amount is
proportional to Ukraine's existing quotas in the Fund (0.0042%)
Current 18-month US$ 5.0bn SBA program
On May 21, 2020, a Staff Level Agreement on a new 18-month SDR 3.6bn
(c. US$ 5.1bn) arrangement under the Stand-By Arrangement (SBA)
was agreed and approved by the Executive Board on June 9
It replaced the Staff Level Agreement on a 3-year Extended Fund Facility
(EFF) program which was agreed in December 2019
Currently, the Ministry of Finance is working on the completion of the first
review of the current program and expects the IMF mission in Sep 2021
The size of the second tranche under SBA program may amount to more
than US$ 700m (SDR 500m). More details are subject to the upcoming IMF
mission
Total SBA program
Key priorities under new IMF's 2020 SBA program:
Mitigating the economic impact of the crisis, including by supporting
households and businesses
Ensuring continued central bank independence and a flexible exchange rate
Safeguarding financial stability while recovering the costs from bank
resolutions
Moving forward with key governance and anti-corruption measures to
preserve and deepen recent gains
Sources IMF, Ministry of Finance
Note 1 Translated from SDR to US$ based on 1.4256 US$ per 1 SDR IMF exchange rate as of September 10, 2021
September 2021
Past EFF, SBA and SDR programs
Availability date / Reviews
SDR m
US$ m1
SDR allocation program (US$ 2.7bn)
August 25, 2021 [disbursed]
1,928
2,738
Total SDR program
1,928
2,738
SBA 2020 program (US$ 5.0bn, 179% of quota)
June 9, 2020 [disbursed]
1,500
2,076
Following reviews
2,100
2,9941
3,600
5,070
SBA 2018 program (US$ 3.9bn, 139% of quota)
December 18, 2018
1,000
1,391
Total SBA program
1,000
1,391
EFF 2015 program (US$ 17.5bn, 900% of quota)
March 11, 2015
3,546
4,879
July 31, 2015 [1st review]
1,182
1,659
September 15, 2016 [2nd review]
716
1,003
April 3, 2017 [3rd review]
734
996
Total EFF program
6,178
8,537
Note 1 Past tranches translated at NBU XDR/US$ exchange rate as of the date of their receipt,
future tranches (SBA 2020 program) translated per the IMF's rate of 0.7014 SDR/USD as of
September 10, 2021
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