IMF announces launch of mission in Ukraine to discuss new program

The International Monetary Fund mission is preparing to begin work with the Ukrainian authorities to explore options for launching a new financial program for Ukraine.

Director of the IMF Communications Department Julie Kozack said this at a press briefing in Washington on Thursday, according to an Ukrinform correspondent.

She said a mission was expected to begin soon to discuss a potential new program with Ukraine.

Kozack did not specify the timing or the exact format of the mission's work but noted that discussions will focus on policies to safeguard Ukraine's macroeconomic stability, ensure debt sustainability, and advance structural reforms. The latter, she added, will include reforms aimed at boosting domestic revenue mobilization and strengthening anti-corruption efforts.

Kozack also said that the conditions for financing under a potential new program include two main components, both of which will be key topics during the mission's discussions.

The first component, she explained, involves mobilizing domestic revenue, improving the government's capacity to use local markets for financing, adopting a credible 2026 budget, and maintaining strict expenditure control. The second component is international partner support, which must align with Ukraine's debt sustainability and financing needs.

In addition, she noted that the mission will assess Ukraine's financing gap and discuss the ongoing debt restructuring process. She stressed that while the IMF is not a party to Ukraine's negotiations with creditors, the Fund will take the outcomes of those talks into account when evaluating debt sustainability.

In September, the Ukrainian government formally requested that the IMF launch a new financing program for the country.

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