November 24, 2025
Chairman of the budget committee of the Council: the IMF offers a program for 8 billion dollars - "less than necessary" thumbnail
Economy

Chairman of the budget committee of the Council: the IMF offers a program for 8 billion dollars – “less than necessary”

The decision of the IMF management on the launch of the program is expected in January, at the same time the first payment is planned, said the people’s deputy”, — write: www.radiosvoboda.org

People’s deputy and head of the Verkhovna Rada budget committee Roksolana Pidlas commented on the beginning of negotiations with the International Monetary Fund on the new program on November 17.

She said that the Ukrainian side discussed the details of the budget for 2026 with the head of the mission Gavin Gray and his colleagues.

“The total volume of the program that the IMF offers to Ukraine is about $8 billion for 4 years. This is less than we expected and than we need, but the program with the IMF is the key to receiving financing from other partners, including a reparation loan,” Pidlasa said.

Read also: The EU provides Ukraine with the fifth tranche under the Ukraine Facility program

She clarified that the decision of the IMF management on the launch of the program is expected in January, at which time the first payment is planned. The prior condition for starting the program (prior action) is traditionally the adoption of the budget for 2026 within the limits of the deficit agreed with the IMF.

“Regarding structural beacons, the IMF is most interested in increasing state budget revenues, in particular by closing tax avoidance schemes,” the MP added.

Formerly the press service The International Monetary Fund reported on the start of discussions of the IMF mission led by Gavin Gray with representatives of the Ukrainian authorities regarding their request for the launch of a new enhanced financing program (EFF).

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