Overview
- An IMF mission began negotiations in Kyiv on a new Extended Fund Facility, with discussions covering economic policy, governance, anti-corruption, and growth.
- Roksolana Pidlasa, who chairs parliament’s budget committee, said the proposal totals about $8 billion over four years, with a board decision and first disbursement targeted for January 2026.
- Preliminary conditions include adopting a 2026 budget within IMF-agreed deficit limits and boosting revenues by closing tax-evasion schemes.
- IMF approval is expected to require concrete external financing commitments, including progress on a European ‘reparations loan,’ as Ukraine confronts a reported $61 billion funding need for 2026–2027.
- Talks proceed as a $100 million procurement probe at the state nuclear agency led to two ministers leaving office and an energy-sector management overhaul, which lawmakers say has dented partner trust.