The IMF stated that Ukraine’s economy has demonstrated resilience in the face of difficult circumstances.
The International Monetary Fund announced on Friday that its board has finalized a review, allowing for the disbursement of $400 million to Ukraine for budgetary support.
According to the IMF’s statement, Ukraine’s economy has shown resilience despite facing difficult circumstances.
Nevertheless, the IMF noted that Ukraine’s economic growth, which decelerated in the latter half of 2024, is expected to continue its decline in 2025 due to a constrained labor market and ongoing assaults on energy infrastructure.
“This will increase the total disbursements under the IMF-supported program to $10.1 billion,” the IMF stated upon concluding its review.
This represents the seventh assessment of Ukraine’s $15.5 billion Extended Fund Facility program.
“Russia’s ongoing war in Ukraine continues to inflict severe social and economic damage on the country. Despite this, macroeconomic stability is being maintained,” remarked IMF Managing Director Kristalina Georgieva, who attributed part of this stability to “significant external support.”
Kyiv is heavily dependent on international financial assistance to meet social spending needs and bolster its economy.
Russia initiated a full-scale invasion of Ukraine in February 2022, having previously annexed Crimea in 2014. Former U.S. President Donald Trump has pledged to work towards ending the conflict.
