The IMF team is currently in Kyiv, Ukraine, to hold meetings with Ukrainian authorities and partners. This meeting, led by Uma Ramakrishnan, Deputy Director of the IMF’s European Department, will focus on the economic policy objectives of the Ukrainian authorities and the challenges confronting their economy.
On February 13th, the IMF team will attend an inaugural meeting of the Steering Committee of the Ukraine Capacity Building Fund under IMF patronage. This gathering will bring together Ukrainian authorities, development partners, and IMF staff to discuss priorities for enhancing Ukraine’s capacity and the role of the IMF in supporting this crucial task. In December 2023, Ukraine received a third tranche of funding worth about $900 million from the IMF under its Extended Fund Facility (EFF) program.
The IMF team will also participate in an IMF mission led by Gavin Gray that will commence discussions with Ukrainian authorities in Warsaw as part of the third review of the EFF program. As previously reported, the amount of funding required by Ukraine for 2024 has been disclosed by the IMF.
These discussions are critical in assessing Ukraine’s economic situation and determining necessary support for its country. The support provided by the IMF is vital in helping Ukraine address its economic challenges and achieve its policy objectives. Furthermore, it reflects ongoing cooperation and partnership between Ukraine and the IMF.