The IMF mission has concluded its Seventh Review of Ukraine’s Extended Fund Facility (EFF) program, reaching a staff-level agreement (SLA). The agreement, pending IMF Executive Board approval, will unlock $0.4 billion, bringing total disbursements to $10.1 billion under the $15.5 billion program.The IMF confirmed Ukraine’s strong program performance, with all end-December targets met. The economy showed 3.5% GDP growth in 2024, though 2025 growth is expected to slow to 2–3% due to labor shortages, infrastructure damage, and ongoing war risks.The NBU’s December interest rate hike was deemed appropriate to combat inflation, with further tightening possible if needed. The financial sector remains stable, but strengthening market infrastructure is crucial for post-war recovery and attracting foreign investment.Ukraine’s 2025 budget deficit is projected at 19.6% of GDP, necessitating significant external support, including up to $50 billion from the G7’s ERA Loans Initiative. The IMF urges continued tax reforms and revenue mobilization to ensure fiscal sustainability.The four-year EFF program, approved in March 2023, is part of a $151.4 billion aid package for Ukraine. In 2023–2024, Ukraine received $11 billion in IMF disbursements.https://bank.gov.ua/en/news/all/dosyagnuto-ugodi-na-rivni-personalu-schodo-somogo-pereglyadu-programi-rozshirenogo-finansuvannya-z-mvf (ICE KIEV)

Fonte notizia: National Bank of Ukraine