IMF approves new $8.1 billion program for Ukraine. First tranche to arrive soon
The International Monetary Fund’s Executive Board approved a new $8.1 billion Extended Fund Facility program for Ukraine on Thursday, the Ministry of Finance announced, with the first $1.5 billion tranche expected to arrive soon to help cover the budget deficit and support macroeconomic stability.
The four-year program (2026–2029) takes into account Ukraine’s updated macroeconomic and security conditions.
“The new EFF program aims to strengthen the economy and the financial system, while also helping mobilize additional financial resources from donors. It builds on the achievements of the 2023 program, while intensifying efforts to reduce the shadow economy and mobilize domestic budget revenues,” said Finance Minister Sergii Marchenko.
Ukraine has committed to structural reforms to support effective postwar recovery and European integration.
Why is this decision important?
Prime Minister Yulia Svyrydenko called the new IMF program an “anchor” for the broader international financial support Ukraine receives, including a €90 billion loan from the European Union and funding from G7 countries and international institutions.
The government and IMF jointly estimate Ukraine’s external financing gap at roughly $136.5 billion under the baseline scenario for 2026–2029.
Partners have also confirmed continuation of the current moratorium on official debt service and readiness to complete debt restructuring once the situation stabilizes.
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