Ukraine, IMF reach staff-level agreement on USD 8.2B support program

Ukraine and the International Monetary Fund (IMF) have reached a staff-level agreement on a new $8.2 billion 4-year Extended Fund Facility (EFF) Arrangement.

This was announced by Ukraine’s Prime Minister Yuliia Svyrydenko on Telegram, Ukrinform reports.

“The total volume of the program is $8.2 billion over four years. This program will help finance critical expenditures, maintain macro-financial stability, and attract additional external support, which is critically important for us in the coming years. The agreement still needs approval from the IMF Executive Board,” the publication states.

The Prime Minister outlined the strategic points of cooperation with the IMF:

First, the IMF confirmed the resilience of Ukraine’s economy. Despite attacks on energy and infrastructure, the economy continues to operate, and Ukraine demonstrates its ability to manage risks and maintain stability under the most challenging conditions, she noted.

Second, the government has prepared the 2026 budget in line with the framework of the new IMF program, emphasizing the efficiency of every hryvnia spent. It expects support from Members of Parliament during the approval of the state budget as a whole.

Third, Ukraine continues its reform course. Priorities remain unchanged: macroeconomic stability, debt sustainability, transparency, and strong institutions. Ukraine is ready to continue implementing policies to combat the shadow economy, fight corruption, and strengthen governance in the public sector. In particular, corporate governance in state-owned enterprises is being revamped, and the competition for the head of customs continues.

“We expect the program to be approved by the IMF Executive Board,” added Yulia Svyrydenko.

As reported by Ukrinform, the Ministry of Defense informed the IMF mission about the development of Ukraine’s defense-industrial complex: the network has expanded to 900 enterprises.