Financial sector news

This was announced by Prime Minister Yulia Svyrydenko.

"A week of active work by the International Monetary Fund mission, led by mission chief Gavin Gray, in Kyiv has ended with a good result. The total volume of the program is $8.2 billion over four years. This program will help finance critical expenditures, maintain macro-financial stability, and attract additional external support, which is critical for us in the coming years. The agreement still has to be approved by the IMF Executive Board," the head of government reported.

In connection with this event, the Prime Minister also highlighted three important points regarding cooperation with the IMF:

• First, the IMF has confirmed the stability of the Ukrainian economy.
  
  
• Second, the government has prepared the 2026 budget in accordance with the framework of the new IMF program, with an emphasis on cost efficiency.
  
  
• Third, Ukraine continues to pursue reforms. "Our priorities remain unchanged: macroeconomic stability, debt sustainability, transparency, and strong institutions. We are ready to continue implementing policies to combat the shadow economy, fight corruption, and strengthen public sector governance," said Yulia Svyrydenko.

Andriy Pyshnyy, Governor of the National Bank of Ukraine, expects that the new four-year program under the Extended Fund Facility (EFF) will catalyze large-scale external support to cover Ukraine's financial needs.

"I would like to thank the IMF team for their deep understanding of Ukraine's circumstances and for recognizing the importance of maintaining flexibility in decision-making, given how quickly the agenda can change. We have managed to form the necessary shared vision for further cooperation. We are on the threshold of a new stage in our partnership. I believe that together we will be able to create the necessary financial support for Ukraine," said the NBU Governor.