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The International Monetary Fund began a review of Ukraine’s lending programme yesterday that could unlock $1.67 billion in fresh financing for Kyiv as it struggles to shore up its war-hit economy and plug a looming funding gap.
Co-operation with the IMF, Ukraine’s key international lender, is critical to ensure funding from other partners and help maintain economic stability as the conflict with Russia grinds on and Kyiv faces a multi-billion financing shortfall for next year.
“Discussions will cover macroeconomic and fiscal policies, as well as key structural reforms,” Priscilla Toffano, IMF’s resident representative in Ukraine, said in a statement.
The review combines the second and third assessments of Ukraine’s four-year IMF programme, potentially clearing the way for the disbursement of about $1.67bn.
Prime Minister Sergii Koretskyi said the meetings would also cover the budget and international financial aid for 2027.
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