IMF announces discussion on Ukraine's financial needs

MOSCOW. July 25 (Interfax) - The independence of the anti-corruption infrastructure created in Ukraine is a critical element of the cooperation program between Kiev and the International Monetary Fund, Ukrainian media quoted Director of the IMF's Communications Department Julie Kozack as saying at a press briefing on Thursday.

"We do take note of the government's intention to introduce a new bill to restore the independence of the anti-corruption institutions," Kozack said.

In the coming weeks, the IMF staff and the Ukrainian authorities are expected to intensify discussions about the 2026 budget and s to do an assessment of Ukraine's financing needs, both for 2026 and over the medium term "to put together that comprehensive picture," Kozack said.

"That work is essential for the current program and any future potential engagement that we would have with Ukraine," she said.

On Thursday, the European Bank for Reconstruction and Development (EBRD) issued a statement, saying that it shares the concern expressed by the EU, the G7 ambassadors and international partners regarding the events around the National Anti-Corruption Bureau and the Specialized Anti-Corruption Prosecutor's Office in Ukraine. The independence of anti-corruption agencies is a vital pillar of the rule of law, the EBRD said, pledging to continue to work with Ukrainian authorities on this matter.

Statements have also been made recently regarding a possible new program with the IMF, as the current four-year $16-billion Extended Fund Facility concludes in Q1 2027. According to Ukrainian Prime Minister Yulia Sviridenko, such a program will be needed if the crisis continues.