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The IMF estimates Ukraine’s financing gap at up to $136.5 billion over the next four years

The IMF estimates Ukraine’s financing gap at up to $136.5 billion over the next four years
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According to the IMF, Ukraine is expected to face a total financing gap of up to $136.5 billion over 2026–2029, when the new EFF programme is to be in effect.

This was clarified on Thursday during a press briefing in Washington by Julia Kozak, Director of the IMF Communications Department.

“We estimate the financing gap over the term of the programme at $136.5 billion. This is for the entire programme period. For 2026–2027, we estimate the residual financing gap at $63 billion,” the IMF representative noted.

In this context, she emphasized that the new IMF programme is intended to help Ukraine catalyze external support that can fully or partially cover the financing gap. However, she added that IMF resources are designed to support the balance of payments and economic recovery, and are not intended for debt repayment.

At the same time, the IMF representative addressed donors:

“Our message is that timely action by donors is necessary to provide Ukraine with support in financing its significant fiscal and external financial needs, and to avoid liquidity problems during the ongoing war.”

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