Overview
- The IMF Executive Board finished the first review of Ukraine’s four-year Extended Fund Facility on July 21, 2026, which allows a roughly $690 million disbursement to be made in the coming days pending administrative steps.
- Ukrainian officials say all quantitative performance criteria and indicative targets were met as of end-March, a finding that underpinned the positive review outcome.
- The new payment would raise total EFF financing to about $2.2 billion after an earlier March tranche and this expected disbursement.
- As part of the review, Kyiv and the IMF agreed an updated timetable of structural reforms and additional policy commitments designed to close implementation gaps and keep the program on track.
- The four-year EFF is worth $8.1 billion and is tied to staged reviews and disbursements; continued compliance is needed to secure further IMF support and to reinforce Ukraine’s budget stability and recovery prospects.