The International Monetary Fund has officially started a series of meetings with representatives of the Ukrainian authorities as part of the first review of the current Extended Fund Facility (EFF) program. As noted by the IMF’s Resident Representative in Ukraine, Prishila Tofano, the mission led by Gavin Gray has already begun work today with Ukrainian officials and other partners.
This is reported by Finway
Main Objectives of the Negotiations
The meetings are taking place in the context of the first review of the EFF program and consultations under Article IV of the IMF Agreement, which will occur in 2026. Participants in the discussions are paying special attention to the macroeconomic policy of the state and key structural reforms that are essential for the stability and development of the Ukrainian economy.
“The IMF mission led by Gavin Gray begins today meetings with representatives of the Ukrainian government and other partners in the context of the first review of the extended financing program and consultations in 2026 under Article IV of the IMF Agreement,” Tofano stated.
Details of the Financing Program
Currently, official representatives of the Ukrainian government are refraining from commenting on the progress of negotiations with the IMF. It is worth noting that in February 2026, the Board of Directors of the International Monetary Fund approved a new four-year extended financing program for Ukraine, amounting to 8.1 billion US dollars. Already at the beginning of March, Ukraine received the first tranche of funds under this program, marking a significant milestone in supporting the country’s economic stability.
Further cooperation with the IMF involves implementing structural reforms aimed at strengthening the financial system and modernizing the Ukrainian economy.