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Ukraine Reaches Staff-Level Deal With IMF on Four-Year $8.2 Billion Program

The arrangement still awaits IMF Executive Board approval before any disbursement.

Overview

  • The 48-month Extended Fund Facility would support macroeconomic stability and anchor fiscal, monetary and structural policies.
  • IMF staff estimate Ukraine’s financing gap at $136.5 billion for 2026–29, including about $63 billion remaining in 2026–27.
  • Commitments include broadening the tax base, taxing digital-platform income, closing customs loopholes and tightening VAT registration rules.
  • The program is designed to catalyze additional external financing as Ukraine aligns its 2026 budget with the agreed framework.
  • An IMF mission led by Gavin Gray held talks in Kyiv on November 17–21, and Prime Minister Yuliia Svyrydenko put the program’s size at $8.2 billion.