Kyiv: Ukraine has received its first tranche of $1.5 billion from the International Monetary Fund, Ukrainian Prime Minister Yulia Svyrydenko announced Tuesday. Svyrydenko stated that the tranche was provided under a new four-year program within the Extended Fund Facility arrangement, with a total value of $8.1 billion.

According to Anadolu Agency, the funds have already been credited and will be used to finance priority budget expenditures and support macrofinancial stability. IMF support to Ukraine has reached $14.9 billion since the ongoing Moscow-Kyiv war began in February 2022.

Svyrydenko expressed gratitude to Ukraine's partners for their trust and support. She highlighted ongoing efforts to implement agreed reforms aimed at maintaining macroeconomic stability, strengthening state institutions, and promoting European integration.