Overview
- Georgieva arrived in Kyiv for high-level meetings with President Volodymyr Zelenskiy, Prime Minister Yulia Svyrydenko, central bank chief Andriy Pyshnyi, and business leaders.
- Ukraine and the IMF reached a preliminary four-year, $8.2 billion agreement in November that requires a passed budget, reform steps, and firm donor financing assurances.
- IMF officials report progress on the agreed conditions and indicate the program could go to the board in the coming weeks.
- The package seeks revenue gains through measures such as taxing digital-platform income, closing customs loopholes, and removing VAT exemptions, with material collections not expected before 2027.
- Ukraine’s near-term financing picture was eased by an EU €90 billion two-year loan requiring servicing only if Russia pays reparations and by restructuring $2.6 billion in growth-linked debt, yet the IMF still estimates a $136.5 billion gap through 2029 and retains a downside war scenario to 2028.