Published by Global Banking & Finance Review®
Posted on February 26, 2026
2 min readLast updated: April 2, 2026
Add as preferred source on GoogleThe IMF board approved a four-year $8.1bn EFF for Ukraine and released $1.5bn immediately. The package is part of a $136.5bn international support effort as the war continues.
By Andrea Shalal
WASHINGTON, Feb 26 (Reuters) - The International Monetary Fund on Thursday said its executive board had approved an $8.1 billion, four-year loan for Ukraine, of which $1.5 billion would be disbursed immediately.
The IMF said the new Extended Fund Facility arrangement for Ukraine would help anchor a $136.5 billion international support package for the war-torn country, which this week marked the fourth anniversary of Russia's invasion.
The new loan replaces a $15.5 billion program that was approved in 2023 and will help Kyiv to maintain economic stability and keep public spending flowing, the IMF said.
IMF Managing Director Kristalina Georgieva said the loan would resolve Ukraine’s balance of payments problem and restore medium-term external viability, while boosting prospects for reconstruction and growth after the war ended and helping to facilitate Ukraine's steps to join the European Union.
“Ukraine and its people have weathered a long and devastating war for over four years with remarkable resilience," she said, lauding efforts by Ukrainian authorities to maintain overall macroeconomic and financial stability, boost domestic revenues and advance some critical reforms.
She said officials were committed to "tackling longstanding bottlenecks to growth," including through continued efforts to combat corruption, address tax avoidance and evasion, reform energy markets, and strengthen financial market infrastructure.
The program would be promptly recalibrated in the case of successful peace negotiations, she said in a statement.
(Reporting by Andrea Shalal; Editing by Sonali Paul)
The IMF Executive Board approved a four-year $8.1bn Extended Fund Facility for Ukraine, with $1.5bn disbursed immediately as part of a broader international support effort.
An initial $1.5bn will be released immediately to support Ukraine’s budget and macroeconomic stability under the new EFF program.
The IMF program forms part of an estimated $136.5bn international support package aimed at covering Ukraine’s financing gaps over 2026–2029.
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