Overview
- An IMF team led by Gavin Gray opened negotiations in Kyiv to design a new multi‑year EFF requested by Ukraine.
- The agenda centers on fiscal and monetary policy for stability alongside governance and anti‑corruption reforms to support growth.
- Senior lawmaker Danylo Hetmantsev called the talks the most difficult since 2022 after a $100 million procurement probe that has led to two ministerial exits and an energy sector shake‑up.
- Central bank governor Andriy Pyshnyy signaled readiness to discuss interest‑rate and exchange‑rate policy as part of broader financial sector reforms.
- Kyiv seeks a program decision by year‑end, having received about $10.6 billion of a $15.6 billion EFF agreed in 2023 following its formal request for new financing in September.