The International Monetary Fund (IMF) is currently in Kyiv to hold meetings with representatives of the Ukrainian authorities and other partners. The team, led by Uma Ramakrishnan, Deputy Director of the IMF’s European Department, will discuss ongoing support with Ukrainian authorities and other partners over their meetings.
During these discussions, the focus will be on the economic policy objectives of the Ukrainian authorities and the challenges confronting the Ukrainian economy. Additionally, on February 13th, an IMF team will participate in the 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 IMF’s support for this crucial task.
Following these discussions, an IMF mission led by Gavin Gray will commence discussions with Ukrainian authorities in Warsaw on February 17th as part of the third review of the IMF-supported Extended Fund Facility. In December 2023, Ukraine received the third tranche of funding worth about $900 million from the IMF under the Extended Fund Facility (EFF) program. The IMF also disclosed that Ukraine requires additional funding in 2024 to continue its support for economic growth and stability in Ukraine.