IMF Approves $8.1 Billion EFF for Ukraine as Part of $136.5 Billion Support Package
Feb 27th 2026
The IMF approved a 48-month EFF for Ukraine worth about $8.1 billion, with $1.5 billion available immediately, as part of a $136.5 billion international package to stabilize the economy, restore debt sustainability, and back post-war recovery amid exceptionally high risks.
- IMF Executive Board approved a 48-month Extended Fund Facility of SDR 5.9353 billion (about $8.1 billion) with an immediate disbursement of SDR 1.1 billion (about $1.5 billion).
- The new EFF replaces the 2023 arrangement and is part of a broader $136.5 billion international financing package for Ukraine.
- The program aims to resolve Ukraine's balance of payments problem, restore medium-term external viability, and support post-war recovery and EU accession.
- Macroeconomic priorities include prudent fiscal policy with a sound 2026 budget, revenue mobilization, price stability, greater exchange rate flexibility, and financial sector safeguards.
- Authorities commit to structural reforms on tax administration, fiscal institutions, governance and anti-corruption, and financial market development to spur private credit and reconstruction.
- The $136.5 billion funding gap over four years is expected to be closed by committed donor support and debt operations, with a $52 billion gap in 2026 to be filled by EU facilities, G7 ERA, bilateral support, and IMF financing.
- IMF Managing Director Kristalina Georgieva said risks are exceptionally high and program success depends on continued international support, debt relief, and Ukrainian reform implementation.
- IMF projections show modest growth and rising public debt, with GDP growth of 3.2 percent in 2024 and public debt rising to 122.6 percent of GDP by 2026.