IMF Mission and Ukraine’s Ministry of Finance started policy discussions on implementation of the Extended Fund Facility Arrangement

Today, March 18, the leadership of the Ministry of Finance and the Government of Ukraine and staff from the International Monetary Fund started discussions on the implementation of the Extended Fund Facility (EFF) program.

Representing the Ministry of Finance are Minister of Finance Sergii Marchenko, First Deputy Minister of Finance Roman Yermolychev, and Deputy Minister of Finance for European Integration Yuriy Draganchuk.

The meetings will continue over the next few days in Kyiv. The discussions will cover macroeconomic policy and key structural reforms.

“I am grateful to the International Monetary Fund for its support and expertise, which help strengthen Ukraine’s economic and financial resilience. Over the course of the week, we plan to agree on further steps in our cooperation, taking into account current conditions and the needs of the state budget for this year,” said Sergii Marchenko.

On February 26, the Executive Board of the International Monetary Fund approved a four-year EFF program for Ukraine. The new program covers the period 2026–2029 and reflects the updated macroeconomic and security conditions facing the country.

The program provides financing of USD 8.1 billion to support Ukraine’s State Budget. The first tranche, amounting to USD 1.5 billion, has already been disbursed to the State Budget of Ukraine.

Under the program, Ukraine commits to implementing ambitious structural reforms to ensure effective post-war recovery and progress toward EU membership. These include strengthening fiscal institutions and tax administration, enhancing governance and anti-corruption systems, developing financial and market infrastructure for post-war reconstruction with the support of private capital, and further advancing the market economy.