Ukraine expects $1,67 billion from the IMF: mission begins work on Monday

Ukraine may receive $1,67 billion from the International Monetary Fund as a result of the second and third reviews of the Extended Fund Facility (EFF) program. The IMF mission will begin work on Monday, 9 November.

This was reported by Dilo on

the basis of a statement by Prime Minister Serhii Koretskyi.

During the negotiations, the parties discussed fiscal policy,

the financial sector, measures to reduce the shadow economy, and the parameters of the state budget

for 2027 year, as well as mobilizing international financing in 2027–2028 years.

The budget-2027 will be revised after consultations with the IMF

The Verkhovna Rada has already approved the draft state budget for

2027 year in the first reading. The government plans to revise the document and submit it for

a second-reading consideration after consultations with the IMF.

“It is important to have agreed parameters for all key indicators

and amounts of external financing. The budget must be balanced, meet

the challenges of wartime, and guarantee funding for the state’s priority needs,”

Koretskyi emphasized.

Recall that earlier the IMF

announced the preparation of the second and third reviews of the EFF program for

Ukraine. The Fund planned to combine them and submit them for consideration by the Executive

Directors’ Board by December 2026. If approved, Ukraine could

receive about $1,65–1,67 billion.