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Ukraine Receives First $1.5 Billion IMF Tranche Under $8.1 Billion Extended Fund Facility

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IMF entrance with sign of International Monetary Fund. Illustrative photo. (Source: Getty Images)
IMF entrance with sign of International Monetary Fund. Illustrative photo. (Source: Getty Images)

The Ukrainian government has secured the first tranche of funding from the International Monetary Fund (IMF) under a newly established four-year Extended Fund Facility, as reported by Ukraine’s Prime Minister Yulia Svyrydenko on March 3.

“Ukraine today received the first tranche from the IMF under the new four-year program within the Extended Fund Facility. 1.5 billion dollars have already been credited and will be directed toward financing priority budget expenditures and supporting macro-financial stability,” Svyrydenko stated.

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According to Svyrydenko, the total volume of the program is $8.1 billion. Since the beginning of the full-scale war, the IMF has provided a total of $14.9 billion in financial support to Ukraine’s state budget.

The head of government expressed appreciation for the continued cooperation of international partners.

“We continue the implementation of agreed reforms aimed at preserving macroeconomic stability, strengthening state institutions, and advancing the course toward European integration,” she added.

According to the Prime Minister on February 27, this financial package is designed to address Ukraine’s budget deficit and maintain macro-financial stability as the country faces continued Russian strikes against its energy infrastructure during the fifth year of the full-scale invasion.

In addition to the IMF's stabilization efforts, the European Union is moving forward with a massive €90 billion ($104 billion) loan package for 2026–2027. The European Commission has proposed a strategic split for these funds to address both economic and defense needs.

European Commission President Ursula von der Leyen, announcing the plan in Brussels, detailed that $69 billion of the total would be dedicated to military assistance. The remaining $34 billion is earmarked for direct budgetary support to help sustain the national economy.

Von der Leyen noted that the defense-focused portion of the loan is intended to bolster Ukraine’s resistance against Russian aggression while simultaneously accelerating the country’s integration into the broader European defense-industrial base.

Earlier, the Ukrainian government has successfully secured a $2.2 billion disbursement from the International Monetary Fund.

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