Ukraine and IMF discussed financial needs and reforms for further cooperation

Representatives of the Ministry of Economy, Environment, and Agriculture met with the International Monetary Fund mission, during which they discussed Ukraine’s financial needs and reforms that could form the basis for further cooperation with the Fund. This was reported by the Ministry of Economy, Environment, and Agriculture of Ukraine, according to UNN.

DetailsIt is noted that among the key issues of the meeting were privatization, de-shadowing of the economy, maintaining incentives for small and medium-sized businesses, and the development of targeted support programs.

The main goal of the current mission is to provide an independent assessment of Ukraine’s financial needs in the medium term. This is critically important in the context of the 2026 budget process to ensure macro-financial stability and support development. At the same time, such assessments will serve as a guide for donors and will be of significant importance during the annual meetings of the IMF and the World Bank

The parties paid special attention to stimulating economic growth without additional budget expenditures. In particular, they discussed the “Affordable Loans 5-7-9%” programs and compensation for capital investments within the framework of the “Made in Ukraine” policy.

The importance of de-shadowing the economy was also discussed. The parties agreed that a comprehensive “roadmap” in this area would level the playing field for businesses, expand access to financing, and reduce the share of shadow operations. The IMF is ready to provide the necessary technical support.

They also considered options for simplifying tax administration, increasing the transparency of VAT chains, and the possibility of using state support programs as a tool to stimulate businesses to emerge from the shadow economy.

The IMF mission emphasized that the next step should be the preparation of a conceptual note on de-shadowing the economy, which will form the basis for policy formulation within the new cooperation program.

The meeting also discussed the need to attract domestic and foreign investments by creating a stable and transparent business environment.

RecallPrime Minister Yulia Svyrydenko met with the IMF mission and submitted a request for a new cooperation program. Ukraine has passed 8 reviews under the current program, and the 2026 state budget is formed taking into account the long-term war.

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