Overview
- An IMF staff mission led by Gavin Gray began multi-day meetings in Kyiv focused on macroeconomic policy and key structural reforms.
- Ukraine’s finance minister, Serhiy Marchenko, said the sides expect to agree on next steps for cooperation within a week.
- The discussions are part of implementing the IMF’s Extended Fund Facility for 2026–2029 totaling $8.1 billion, with a $1.5 billion first tranche disbursed on March 3.
- Program commitments include strengthening fiscal institutions and tax administration, mobilizing domestic revenues, advancing anti-corruption and governance measures, and developing financial and market infrastructure.
- Near-term implementation faces legislative hurdles after parliament failed to pass government bill No. 14025, which officials had planned to amend with IMF-aligned measures such as removing the €150 parcel exemption, applying VAT to certain sole proprietors, and fixing a 5% military levy.