The NBU Board discussed with the heads of Ukraine's 30 largest banks expectations regarding a new program with the IMF. NBU Governor Andriy Pyshnyy emphasized the need to develop a new program design to ensure regular inflows of external financing and to take into account Ukraine's European integration movement.
Ukrainian Foreign Minister Andriy Sybiha reacted to Hungarian Prime Minister Viktor Orban's statement about his country's unwillingness to be in integration associations with Ukraine. Sybiha noted that the countries are already members of many international organizations and formats.
The European Bank for Reconstruction and Development has lowered its forecast for Ukraine's GDP growth in 2025 to 2. 5% due to the impact of Russian aggression and a poor harvest. At the same time, the forecast for 2026 remains at 5%.
The European Union is considering providing Ukraine with a reparation loan of up to 130 billion euros. The size of the loan will be determined after the IMF assesses Ukraine's financial needs in 2026-2027.
Ukraine is starting its fourth heating season under wartime conditions, with Rivne Oblast being the first to begin. Heating tariffs remain unchanged, and the country is preparing for possible Russian strikes on energy infrastructure.
President of Ukraine Volodymyr Zelenskyy discussed Ukraine's priorities with the President of the UN General Assembly, Annalena Baerbock. Among them are attention to the situation in the occupied territories and support for a resolution on human rights.
President of Ukraine Volodymyr Zelenskyy met with Hereditary Prince Alois of Liechtenstein. They discussed the continuation of humanitarian aid to Ukraine and threats from Russia, including violations of NATO airspace.
The government submitted to the Verkhovna Rada the Program of Activities of the Cabinet of Ministers of Ukraine, which contains 12 priorities. The document covers national security, integration into the EU, the fight against corruption, and other important areas.
The International Monetary Fund has convinced the Ukrainian government to significantly increase its forecast for additional financing that the country will need by the end of 2027, from $38 billion to $65 billion. This is due to Russia's protracted invasion and the need to finance military operations.
President of Ukraine Volodymyr Zelenskyy met with US President's special representative General Keith Kellogg, discussing the situation at the front and the results of the counteroffensive near Dobropillia and Pokrovsk. They also touched upon the development of cooperation between Ukraine and the US, including agreements on drones and the procurement of American weapons.
President of Ukraine Volodymyr Zelenskyy met with Ecumenical Patriarch Bartholomew, discussing peace, religious freedom, and the future of the Ukrainian church. Zelenskyy informed about the protection of religious freedom, cooperation with American partners, and invited the Patriarch to visit Ukraine.
Ukrainian President Volodymyr Zelenskyy met with IMF Managing Director Kristalina Georgieva in New York to discuss economic support and the use of frozen Russian assets. The parties also discussed a new IMF program to enhance the resilience of the Ukrainian economy and Russia's violation of NATO airspace.
Ukraine's draft state budget for 2026 envisages 60 billion euros for security and defense, which accounts for 27. 2% of GDP. Minister of Finance Serhiy Marchenko announced this at a meeting of the EU Council, thanking for the support and outlining financial challenges.
As of early August 2025, the volume of loans issued to Ukrainians and businesses reached UAH 1. 23 trillion, which is 15% more than in 2024. Loans are growing faster than deposits, which amount to UAH 2.79 trillion, but the growth rate of deposits has slowed down.
Global debt has surpassed 235% of GDP, reaching $251 trillion, according to IMF data. Public debt has risen to 93% of GDP, while private debt has decreased to 143%.
The Cyberpolice of Ukraine named five most common types of online fraud, including non-delivery of goods after prepayment and pseudo-bank calls. Cybersecurity expert Kostiantyn Korsun emphasized the importance of increasing cyber literacy among the population to protect against fraudsters.
Economist Oleh Pendzyn stated that the main issue of the State Budget-2026 is finding 120 billion dollars for defense, of which 60 billion dollars should be provided by partners.
The IMF believes that Ukraine's financing needs over the next two years could exceed government estimates by up to $20 billion. This will complicate negotiations for a new aid package.
The Ministry of Finance, the NBU, and the IMF discussed the implementation of the EFF program and budget plans. The IMF noted the effectiveness of Ukraine's work, and Serhiy Marchenko thanked them for their support.
The IMF mission concluded its visit to Kyiv, discussing the macroeconomic situation and financial needs. The coming weeks will involve technical consultations to detail the parameters of the new program.
The 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.
