IMF sets new conditions for Ukraine to receive $8.2 billion: what needs to be done.

According to ТСН: The International Monetary Fund has outlined new requirements for approving the cooperation program with Ukraine, referred to as prior action.

As noted at a briefing by the fund's spokesperson, Julie Kozak, the approval of the state budget for 2026 alone is not a sufficient step forward.

“In addition to the budget I just mentioned, other areas include expanding the tax base through legislation on taxation of income earned through digital platforms, closing customs loopholes for the import of consumer goods, and eliminating exceptions for VAT registration,” Kozak clarified.

It is also known that Ukraine and the International Monetary Fund have reached an agreement on a new support program amounting to $8.2 billion for a period of four years.

This information was announced by Prime Minister Yulia Svyrydenko after the fund's mission led by Gavin Gray, which took place in Kyiv over the week. The final decision on the program still needs to be approved by the IMF's Executive Board.

Funding critically important expenditures

Thanks to the new program, it will be possible to finance critically important needs and support macro-financial stability.

During negotiations, the Fund confirmed that the Ukrainian economy remains stable despite the blows to the energy and infrastructure systems.

The Cabinet of Ministers has also prepared a draft state budget for 2026 that meets the program's framework, focusing on spending efficiency.

“The agreement includes a range of fiscal and monetary measures aimed at solidifying the program. It aims to support macroeconomic stability, restore 'debt resilience and external viability', combat corruption, and improve governance,” the IMF press release states.

The IMF support program is an important step for Ukraine, allowing to strengthen economic stability and continue government reforms. Joint efforts with the fund focus on improving the financial system and ensuring proper resource management in the face of current challenges. The anticipation of full approval of the program by the IMF's Executive Board creates some hope for future financial inflows, which are critically needed by the country at this difficult time.