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IMF staff reaches deal with Ukraine for $690 million disbursement ...
IMF staff reaches deal with Ukraine for $690 million disbursement ...
Published byGlobal Banking & Finance Review
Posted on June 12, 2026
· Last updated: June 12, 2026
By Andrea Shalal
WASHINGTON, June 12 (Reuters) - The International Monetary Fund on Friday said it had completed its first review of Ukraine's $8.1 billion loan program, paving the way for the war-torn country to receive a second tranche of $690 million despite Kyiv's failure to meet a key condition.
The IMF's board must still approve the agreement.
Ukraine met all quantitative performance criteria and indicative targets for the loan by the end of March, but implemented two structural benchmarks with a delay and missed one benchmark, the IMF said in a statement.
To keep the program on track, IMF staff and Ukrainian authorities agreed to a revised timeline for implementing reforms, corrective actions to address slippages and additional policy commitments, the IMF said in a statement.
It gave no details on the new timeline or commitments.
The IMF, which also completed a review of Ukraine's overall economy, said authorities had broadly maintained macroeconomic stability despite Russia’s war - now in its fifth…
IMF and Ukraine reach staff-level agreement on EFF program review and ...
IMF and Ukraine reach staff-level agreement on EFF program review and ...
IMF and Ukraine reach staff-level agreement on EFF program review and $690 million tranche
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June 12 2026, 06:12 PM
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Ukraine and the IMF have reached a staff-level agreement on the first review of the EFF program. Following approval by the Executive Board, Kyiv will receive 690
million dollars.
IMF staff and Ukrainian authorities have reached a staff-level agreement on the first review of the EFF. Additionally, Kyiv will gain access to approximately $690 million - subject to approval by the IMF Executive Board,
UNN
reports with reference to the IMF.
IMF staff and Ukrainian authorities have reached a staff-level agreement on the first review of the EFF. Subject to approval by the IMF Executive Board, Ukraine will have access to approximately $690 million (SDR 503 million), bringing the total disbursements under the program to $2.2 billion
Details
The National Bank confirmed that IMF representatives and Ukrainian authorities reached a Staff-Level Agreement (SLA) on the first review of the four-year Extended Fund Facility (EFF) program totaling $8.1 billion and concluded Article IV consulta…
IMF Approves $8 Bln Loan For Ukraine To Rebuild Itself
IMF Approves $8 Bln Loan For Ukraine To Rebuild Itself
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IMF Approves $8 Bln Loan For Ukraine To Rebuild Itself
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The International Monetary Fund’s executive board on Thursday approved an $8.1 billion, four-year loan for Ukraine, with $1.5 billion to be disbursed immediately to help keep the government running as its war against
Russia’s invasion drags into a fifth year.
The IMF said the new Extended Fund Facility arrangement for Ukraine would help anchor a $136.5 billion international support package for the war-torn country, which this week marked the fourth anniversary of Russia’s full-scale invasion.
The new loan, which replaces a $15.5 billion program that was approved in 2023, will help Kyiv to maintain economic stability and keep public spending flowing, the IMF said.
Ukrainian Prime Minister Yulia Svyrydenko hailed the IMF loan as part of a broader financial framework that would cover an estimated budget shortfall of $136.5 billion over four years, including a 90 billion euro loan from the European Union.
“It is very important for us that in the fifth year of the full-scale war, against the backdrop of systematic attacks on the energy …
IMF staff reaches agreement with Ukraine on $690 million disbursement under aid program
IMF staff reaches agreement with Ukraine on $690 million disbursement under aid program
The International Monetary Fund (IMF) and Ukraine have reached a staff-level agreement on the first review of Kyiv's four-year Extended Fund Facility (EFF) program, potentially unlocking approximately $690 million in additional funding, the IMF announced on June 12.
IMF staff reaches agreement with Ukraine on $690 million disbursement ...
IMF staff reaches agreement with Ukraine on $690 million disbursement ...
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IMF staff reaches agreement with Ukraine on $690 million disbursement under aid program
June 12, 2026 10:43 pm
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The seal of the International Monetary Fund (IMF) is seen outside of a headquarters building in Washington, D.C. on April 7, 2021. (Mandel Ngan/AFP via Getty Images)
The International Monetary Fund (IMF) and Ukraine have reached a staff-level agreement on the first review of Kyiv's four-year Extended Fund Facility (EFF) program, potentially unlocking approximately $690 million in additional funding, the IMF announced on June 12.
If approved by the IMF Executive Board, the disbursement would bring total funding provided under the program to roughly $2.2 billion.
"Ukraine's four-year EFF provides an anchor for the authorities' economic program in times of exceptionally high uncertainty," IMF mission chief Gavin Gray said in a
statement
following talks with Ukrainian officials.
The IMF said Ukraine met all quantitative performance criteria and indicative targets through the end of March, though progress on some structural reforms has lagged.
Two …
IMF Staff Greenlights $690 Million for Ukraine Despite Missed VAT ...
IMF Staff Greenlights $690 Million for Ukraine Despite Missed VAT ...
In brief:Ukraine and the International Monetary Fund have struck a staff-level agreement on the first review of the $8.1 billion Extended Fund Facility loan program, despite lawmakers previously stalling on reforms.
Ukraine has reached a staff-level agreement with the International Monetary Fund (IMF) on the first review of its four-year $8.1 billion Extended Fund Facility (EFF) loan program. The agreement leads the way to roughly $690 million in fresh financing, despite the Fund warning that the country’s reform drive has slowed.
The disbursement opens the door to broader international financing for Ukraine, helping ensure the country remains committed to reforms.
Follow our coverage of the war on the@Kyivpost_official.
The IMF greenlit the financing arrangement despite two structural benchmarks for the first quarter being implemented with delays, and a VAT benchmark being missed. Ukraine’s government intends to renegotiate the timeline for implementing VAT for Private Entrepreneurs (referred to as FOPs in Ukraine). Subject to approval by the IMF Executive Board, the agreement was announced on June 12, foll…
IMF and Ukraine Strike $700 Million Deal | Business - Devdiscourse
IMF and Ukraine Strike $700 Million Deal | Business - Devdiscourse
IMF and Ukraine Strike $700 Million Deal
The International Monetary Fund and the Ukrainian government have agreed on a plan that could grant Ukraine nearly $700 million in aid, according to Bloomberg News. This agreement marks a crucial step for Ukraine's financial support, although Reuters has yet to confirm the report independently.
Devdiscourse News Desk
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The International Monetary Fund And The Ukrainian Government Have Reached A Stafflevel Agreement That Paves The Way For Ukraine To Receive Almost Million In Assistance
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Updated: 12-06-2026 18:28 IST | Created: 12-06-2026 18:28 IST
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The International Monetary Fund (IMF) and the Ukrainian government have achieved a significant milestone with a staff-level agreement, setting the stage for Ukraine to secure close to $700 million in financial assistance.
This development, reported by Bloomberg News, showcases strong collaborative efforts aimed at reinforcing Ukraine's economic stability amid ongoing challeng…
IMF Reaches Staff-Level Agreement with Ukraine on $690 Million ...
IMF Reaches Staff-Level Agreement with Ukraine on $690 Million ...
IMF Press Release
IMF staff and the Ukrainian authorities have reached staff level agreement (SLA) on the First Review of the 4-year, $8.1 billion Extended Fund Facility (EFF) Arrangement. Subject to approval by the IMF Executive Board, Ukraine would have access to about US$690 million (SDR 503 million), bringing total disbursements under the program to US$2.2 billion.
All end-March quantitative performance criteria (QPCs) and indicative targets (IT) have been met. However, two structural benchmarks for the first quarter were implemented with a delay, and one has been missed. To keep the program on track, agreement has been reached on a revised timeline for agreed reforms, corrective actions to address slippages, and additional policy commitments.
The outlook remains exceptionally uncertain as the war continues to take a heavy toll on the population and economy. Despite the challenging environment, the program remains fully financed on the back of continued large-scale external support.
Washington D.C., June 12, 2026: An International Monetary Fund (IMF) team led by Mr. Gavin Gray held discussions with the Ukra…
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Single-source · 7 — reported by one bloc only (uncorroborated)
The International Monetary Fund (IMF) and Ukraine have reached a staff-level agreement on the first review of Kyiv's four-year Extended Fund Facility (EFF) program, potentially unlocking approximately $690 million in additional funding.
kyivindependent
The International Monetary Fund (IMF) said it had completed its first review of Ukraine's $8.1 billion loan program, paving the way for the war-torn country to receive a second tranche of $690 million.
globalbankingandfinance.com
Ukraine met all quantitative performance criteria and indicative targets for the loan by the end of March.
globalbankingandfinance.com
Ukraine implemented two structural benchmarks with a delay and missed one benchmark.
globalbankingandfinance.com
IMF staff and Ukrainian authorities agreed to a revised timeline for implementing reforms, corrective actions to address slippages, and additional policy commitments.
globalbankingandfinance.com
The IMF's board must still approve the agreement.
globalbankingandfinance.com
The IMF also completed a review of Ukraine's overall economy.
globalbankingandfinance.com
Framing · 2 — loaded language surfaced (spin shown, not adopted)
globalbankingandfinance.com
“paving the way for the war-torn country to receive a second tranche of $690 million despite Kyiv's failure to meet a key condition.”
→ The IMF completed a review and approved a disbursement despite Ukraine missing a benchmark.
globalbankingandfinance.com
“the war-torn country”
→ Ukraine