The IMF’s Executive Board signed off on a fresh $8.1 billion Extended Fund Facility for Ukraine on February 26, approving the deal even though Kyiv hadn’t fully met structural benchmarks tied to its previous lending arrangement. The first disbursement of roughly $1.5 billion landed in Ukraine’s accounts by March 3.
What the deal looks like
The new EFF spans 48 months, running from 2026 through early 2030. It replaces a prior 2023 arrangement that, by the IMF’s own assessment, ran into implementation challenges as Ukraine continued fighting a full-scale conflict with Russia.
The $8.1 billion package, denominated at SDR 5.9 billion in the IMF’s special drawing rights currency, slots into a much larger international effort. Total committed support for Ukraine now sits at $136.5 billion across multiple donors and institutions.
The funds themselves are earmarked for priority government expenditures and bolstering what the IMF calls “macro-financial stability.”
