Ukraine and the IMF agree on a new 4-year support programme worth over $8 billion
Ukraine and the International Monetary Fund have reached an agreement on a new a four-year support programme. This was announced by the Prime Minister Yulia Sviridenko, The aid package will help cover critical budget expenditures and support the country's economic resilience in the face of war.
The program must still receive the approval of the IMF Board of Executive Directors.
Amount and structure of funding
The total potential size of the programme is in the range of Extended Fund Facility (EFF) will be SDR 5.94 billion (about $8.1 billion).
The Foundation expects this programme to a catalyst for attracting large-scale external support by partner countries in 2026-2029.
Key priorities of the programme
The EFF package includes a number of strategic areas:
Maintaining macroeconomic stability, The NBU is committed to curbing inflation and maintaining the stability of the financial system.
Strengthening debt and external economic resilience, including work on medium-term debt repayment.
Fighting corruption and improving governance, This is a condition for receiving the next tranches.
Improving the efficiency of public finances and the continuation of structural reforms.
The IMF emphasises that Ukraine is making progress in fulfilling its previous commitments, which has allowed it to move on to agreeing a new programme.
Why it matters
The government estimates that Ukraine's external financing needs for 2026-2029 will remain significant due to the effects of the war, infrastructure reconstruction, and the need to maintain defence spending. The new package will help cover the deficit and increase the confidence of private investors.
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