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Ukraine nears IMF deal for $900 million aid tranche

28 February 2025 17:42

Ukraine may be on the verge of securing an agreement with the International Monetary Fund (IMF) in the coming days, clearing the way for the country to receive another tranche of aid from its overall $15.5 billion loan program.

This information was made public by Bloomberg citing anonymous sources familiar with the IMF deliberations, per Caliber.Az.

According to these individuals, IMF officials are wrapping up a routine review of the program with Ukraine, describing the negotiations as progressing “smoothly.”

At present, both the IMF’s representative in Ukraine, Priscilla Toffano, and press officer Camila Perez have declined to comment.

Before Kyiv can access nearly $900 million in the eighth instalment of the loan program, which is set to expire in 2027, the deal must first receive IMF staff approval. To date, Ukraine has already received over $9 billion from the package, established after the outbreak of the military conflict with Russia.

However, sources pointed out concerns that negotiations could stall due to US President Donald Trump’s increasing scepticism toward Ukraine, along with frustration among some IMF staff, given that the US is the institution’s main backer.

Another complication had been Kyiv’s delay in passing the latest anti-corruption legislation, a key requirement of the Washington-based lender. However, with its approval by the Ukrainian parliament this week, sources indicated there were no remaining major obstacles to finalizing the deal.

By Nazrin Sadigova

Caliber.Az
Views: 347

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