Ukraine has received its first tranche of $1.5 billion from the International Monetary Fund (IMF) under a new four-year Extended Fund Facility (EFF) program. Prime Minister Yulia Svyrydenko announced the disbursement on March 3, confirming the funds have already been credited to the national budget.
The allocated funds are intended to support priority budget expenditures and maintain macro-financial stability. The total value of the EFF program amounts to $8.1 billion.
Since the onset of the full-scale war, Ukraine has secured a total of $14.9 billion in financial assistance from the IMF, according to government reports.
In November 2025, Ukraine and the IMF agreed on the parameters of the new four-year EFF program, which includes the achievement of 16 structural benchmarks. These benchmarks are to be met by the government and the Verkhovna Rada, along with four mandatory prior actions that must be fulfilled for the program to commence.
In December 2025, the Ministry of Finance presented a draft law for public discussion that would require individual entrepreneurs with annual incomes exceeding 1 million hryvnias to pay value-added tax (VAT). Following public backlash, the Ministry began to prepare a revised version of the proposal, which would raise the threshold to either 2 million or 4 million hryvnias per year, as reported by Bloomberg.
On February 14, Svyrydenko informed journalists that the IMF had agreed to waive the prior actions required for the new credit program. These included VAT implementation for individual entrepreneurs, customs duties on parcels, taxes for digital platforms, and the maintenance of a military levy.
On February 26, the Prime Minister confirmed that the IMF had approved the new EFF program for Ukraine, amounting to $8.1 billion.
Ukraine has secured $1.5 billion from the IMF as part of a new funding program aimed at stabilizing its economy. The total program is valued at $8.1 billion, with specific benchmarks set for implementation.