First Payment for War Loans: Ukraine gave the IMF $ 171 million

Ukraine has started payments on loans attracted in the midst of a full -scale war. The first payment for Rapid Financing Instrument (RFI) of the IMF is SDR 125.7 million (approximately $ 171 million).

This debt was attracted shortly after the Russian invasion in 2022, when the country needed emergency financing to support macro -financial stability. The total amount of funds received then was SDR 2 billion ($ 2.67 billion).

Payments will be held in 16 tranches by October 2027. The first payment that Ukraine has to make today cover about 6% of the total debt for RFI.

During the current year, a serious burden on obligations to the IMF is waiting for Ukraine. A total of about $ 3 billion must be paid, of which:

  • $ 2.3 billion - the principal amount of debt,

  • $ 0.7 billion - interest payments.

Since the beginning of the year, $ 1.7 billion has already been paid, but at the same time only $ 0.4 billion has been received under the new EFF (Extended Fund Facility).

In the context of limited budget revenues and increasing defense expenditures, it puts the government in front of complex financial decisions. The issue of restructuring of external debt, especially commercial, which is ongoing, remains relevant.

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