December 4, 02:10 PM • 27353 viewsThe Ministry of Economy, Environment, and Agriculture met with the IMF mission. Ukraine's financial needs and reforms for further cooperation were discussed, including privatization and de-shadowing of the economy.
Prime 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 was formed taking into account the prolonged war.
The Minister of Defense of Ukraine met with the IMF delegation. Funding sources and needs for 2025-2026 were discussed.
Serhiy Koretsky, Chairman of the Board of NJSC "Naftogaz of Ukraine", met with the IMF mission to discuss preparations for the heating season. The discussion covered gas imports, stock formation, and the consequences of attacks on infrastructure.
The IMF mission, led by Gavin Gray, began its visit to Kyiv, holding expert meetings with the NBU. The macroeconomic situation, inflation, reserves, and the foreign exchange market were discussed.
An IMF mission arrived in Kyiv for negotiations on financial support for Ukraine. Economist Andriy Novak expects a continuation or increase in funding due to military expenditures.
A mission of the International Monetary Fund has arrived in Kyiv and will work in Ukraine next week. Vladyslav Rashkovan, Deputy Executive Director from Ukraine, announced the planned meetings.
Political scientist Ihor Reyterovych outlined key tasks for the parliament and government in the new political season. He emphasized the importance of defense, European integration, and the 2026 budget.
The VR Committee is preparing the bill on the DGF for the second reading. Deputies are submitting amendments, but there is a risk that they will not be taken into account.
The Cabinet of Ministers approved a bill on the international exchange of income information from digital platforms. This will ensure transparency and the fulfillment of international obligations to the IMF.
The EU is struggling to develop new sanctions against Russia, considering restrictions on the movement of diplomats. An increase in profits for Ukraine from frozen Russian assets is also being discussed.
The Verkhovna Rada is preparing to consider a bill on the taxation of crypto assets. This will allow attracting up to UAH 20 billion annually to the budget and integrating Ukraine into global financial markets.
Syria plans to remove two zeros from its currency and issue new banknotes to restore confidence. The banknotes will be printed by the Russian company Goznak, which has already cooperated with Syria.
On August 22, Russian troops shelled the private sector of Kramatorsk, causing 10 explosions. Three people were injured, two of them in moderate condition.
Minister of Finance Serhiy Marchenko stated that Ukraine needs $45 billion for 2026, as hostilities are expected to continue. This need is not yet covered, and negotiations are underway with the G7, EU, and IMF.
Ukraine expects an IMF mission at the end of August, with Verkhovna Rada deputies as part of the negotiating group. The country seeks coordination of IMF and EU programs.
The Cabinet of Ministers of Ukraine presented the Draft Action Program for 2026, which includes 12 strategic goals. Among the key priorities are defense, European integration, and anti-corruption.
The International Monetary Fund mission arrives in Kyiv on August 25. The work will focus on preparing a new program with Ukraine.
The National Bank of Ukraine set the official hryvnia exchange rate for August 8 at UAH 41. 4564/USD, strengthening it by 16 kopecks. The euro exchange rate is UAH 48.27/EUR, and the zloty is UAH 11.32/PLN.
President of Ukraine Volodymyr Zelenskyy held a conversation with IMF Managing Director Kristalina Georgieva. A new financial aid program was discussed, which should strengthen Ukraine now and in the post-war period.
Ukraine's international reserves decreased by 4. 5% in July to USD 43,030.8 million. This was due to foreign exchange interventions and debt payments, partially offset by inflows from partners.
European Commissioner Marta Kos and EU Ambassador to Ukraine Katarina Maternova positively assessed the appointment of Oleksandr Tsyvinsky as director of the BEB. This decision by the Cabinet of Ministers is an important step towards strengthening institutions and fulfilling IMF conditions.
The National Bank of Ukraine is implementing a new package of currency liberalization. The changes will allow the repatriation of dividends for 2023, expand hedging opportunities, and simplify external loans.
A mission of the International Monetary Fund is expected in Kyiv at the end of August. Prime Minister of Ukraine Yulia Svyrydenko announced upcoming intensive negotiations and work on the 2026 budget.
Prime Minister Yulia Svyrydenko and IMF Director Kristalina Georgieva discussed cooperation. The discussion focused on the 2026 budget project and finding solutions to cover Ukraine's financial needs.
Oleksandr Tsyvinsky, the winner of the competition for the position of director of the Bureau of Economic Security, will undergo a polygraph test. This decision was made after a conversation with Prime Minister Yulia Svyrydenko.
Ukraine will face a significant increase in its funding deficit next year due to intense Russian attacks and failure to meet foreign creditors' reform demands. The country needs between $39 billion and $58 billion in external financing for next year alone.
The Cabinet of Ministers did not appoint Oleksandr Tsyvinsky as director of the Bureau of Economic Security, which jeopardizes the fulfillment of the IMF program conditions. MP Yaroslav Zhelezniak reported that the government again violated the law by not appointing the head of the BEB.
New Prime Minister Yulia Svyrydenko announced Ukraine's likely appeal to the IMF for additional financing, as international donors have provided only half of the necessary funds. She also plans to discuss financial aid and joint weapons production with the United States.
Yulia Svyrydenko stated that the procedure regarding the Bureau of Economic Security of Ukraine was carried out in accordance with the laws. She noted that the government considered the decision and each member had the opportunity to express their position.
