The International Monetary Fund (IMF) mission started policy discussions in Kyiv on Monday as Ukraine seeks approval for a new Extended Fund Facility program.
The fund’s representative have already met with Ukraine’s lawmakers, the Ministry of Finance of Ukraine and Ukraine’s central bank, the National Bank of Ukraine (NBU) top management.
Ukraine is now seeking a second IMF loan, as earlier financing plans assumed the war would end in 2026, while Russia’s invasion has entered its fourth year with no sign of stopping.
The existing macrofinancial programs – the current EFF program, the EU’s Ukraine Facility, and the Extraordinary Revenue Acceleration (ERA) loan are due to expire in 2026-2027, and partners have yet to outline new support.