Ukraine expects IMF tranche by year-end - Key conditions nearly met
Photo: Sergii Marchenko, Minister of Finance of Ukraine (facebook.com/minfin.gov.ua)
Ukraine may receive the next tranche from the International Monetary Fund by the end of the year, amounting to $1.1 billion, said Minister of Finance of Ukraine Sergii Marchenko during a press conference.
He noted that Ukraine had to meet several preliminary conditions to secure the tranche:
- Enactment of the 2025 state budget law.
- Adoption of amendments to the tax code.
"This is an important element in our negotiations. The IMF program serves as our umbrella, ensuring support from partners. I hope these steps will allow us to receive the next tranche by the end of the year," Marchenko emphasized.
Zelenskyy signs state budget
On November 28, Ukrainian President Volodymyr Zelenskyy signed the 2025 state budget law.
The budget allocates 2.23 trillion hryvnias for security and defense funding next year.
Overall expenditures are set at 3.941 trillion hryvnias, with revenues projected at approximately 2.22 trillion hryvnias.
