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Ukraine and the International Monetary Fund (IMF) reached a preliminary agreement on a new financial support program for Kyiv worth $8.2 billion (€7 billion) over a four-year period. Ukrainian Prime Minister Yulia Svyrydenko announced this on Telegram on November 26.
According to the head of government, the new program will help cover critical government expenditures, maintain macroeconomic stability, and attract additional external support, which is critical for the country in the coming years. Sviridenko clarified that the agreement still needs to be approved by the IMF Board of Executive Directors.
The Prime Minister emphasized that the IMF confirmed the resilience of the Ukrainian economy, despite the impact on the energy and infrastructure sectors. In this regard, the government has prepared its 2026 budget in line with the framework of the new IMF program. Furthermore, Kyiv continues its reform program, prioritizing macroeconomic stability, debt sustainability, economic transparency, and the development of strong institutions.
IMF Mission Director for Ukraine Gavin Gray confirmed the agreement and noted the Fund remains committed to working with Ukraine. "The new program can be submitted to the IMF Executive Board for approval after the completion of prior arrangements and subject to receipt of adequate funding guarantees from donors," the Fund's press service reported.
Earlier, on June 30, the IMF Board of Directors approved a $0.5 billion tranche for Kyiv under the Extended Fund Facility (EFF). The eighth review of the program was completed at that time, allowing the authorities to access funds for budget support. With the new tranche, total disbursements under the IMF-supported program will reach $10.6 billion (€9.1 billion).
