Ukraine, IMF Discuss Budget Reforms and Debt Sustainability
Ukraine has already received approximately USD 10.1 billion out of the USD 15.5 billion allocated under the International Monetary Fund's Extended Fund Facility (EFF) Arrangement.
This was reported by the Ministry of Finance of Ukraine, commenting on the launch of the new IMF mission in Ukraine, CE Report quotes Ukrinform.
The mission is scheduled to take place from May 20 to May 27.
"Throughout the week, the leadership of Ukraine’s Ministry of Finance, the National Bank of Ukraine, and IMF experts will discuss Ukraine’s progress in meeting the program’s conditions and preparations for the eighth review of the Memorandum for Economic and Financial Policy," the ministry stated.
Key topics include measures to mobilize domestic budget revenues, public debt sustainability, the budget declaration for 2026–2028, and reforms in public investment management.
"To date, the State Budget of Ukraine has received eight tranches totaling around USD 10.1 billion under the IMF EFF Arrangement out of the USD 15.5 billion allocated," the ministry added.
As reported, the IMF mission in Ukraine has begun work on the eighth review of the Extended Fund Facility program.
In 2025, Ukraine is expected to receive USD 2.7 billion from the IMF based on the results of four quarterly reviews.
In March 2023, the IMF Executive Board approved a new 48-month Extended Fund Facility program amounting to 11.6 billion Special Drawing Rights (about USD 15.6 billion) as part of a broader USD 115 billion support package for Ukraine.
