The IMF will continue its collaboration with Ukraine, as Kyiv anticipates a payment of €5.4 billion.

The International Monetary Fund (IMF) and Ukraine have agreed to extend a four-year program totaling over 15 billion euros.

“Effective and agreed cooperation with the IMF is a key element in supporting Ukraine's financial stability amid uncertainty,” stated Ukraine's Finance Minister Serhiy Marchenko on Saturday, March 1, as reported by Interfax-Ukraine.

As part of the agreements with the IMF established in 2023, Kyiv is still awaiting a payment of 5.4 billion euros.

This IMF program is part of an international support package for 2023-2027 amounting to over 142 billion euros.

The Ukrainian Central Bank noted in its statement the “growing risks.”

It is noted that without foreign assistance, Ukraine's budget deficit will reach 19.6% of GDP, while a level of 3% is considered the threshold for financial stability. The state budget of a country that faced armed aggression from Russia in 2022 is approximately half financed from abroad. Approximately 40 billion euros in external funds are needed annually.

A potential halt in support from the United States could seriously complicate the situation for Kyiv. According to the Ukrainian Ministry of Finance, the U.S. contributed an average of about 10 billion euros to the Ukrainian budget each year.

Background. As became known, after a heated dispute between Zelensky and Trump, the White House confirmed that it is halting military assistance to Ukraine.

“We are no longer going to just write checks for a war in a very distant country without a real, solid peace,” stated a White House official.