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The International Monetary Fund (IMF) approved the disbursement of $2.2 billion in funding through the Extended Fund Facility (EFF) to assist Ukraine with budgetary support, the IMF announced on June 28. The funding comes as the IMF’s Executive Board completed the fourth review of the EFF Arrangement. Prime Minister Denys Shmyhal announced that the IMF began review of the agreement on May 31. “Ukraine’s performance remains strong under the EFF despite challenging conditions,” a news release from the IMF read. “All quantitative performance criteria for end-March were met, and all structural ben…

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