Overview
- The IMF Executive Board approved a four-year arrangement for Ukraine and authorized an immediate $1.5 billion payout to support state finances.
- The new facility replaces the 2023 program and will be assessed in nine quarterly reviews, with scope to adjust if peace negotiations advance.
- The arrangement is designed to anchor a wider $136.5 billion international package, while an EU €90 billion loan remains stalled by Hungary over a pipeline dispute.
- Kyiv committed to reforms on anti-corruption, tax compliance, energy markets, and financial infrastructure, after mixed progress under the prior plan and with some tax measures deferred.
- The IMF forecasts 2026 growth of 1.8%–2.5% and inflation near 6.1%, and estimates a $52 billion financing need to be covered by EU, G7, bilateral support and the IMF.