The International Monetary Fund mission for the second review of the Extended Fund Facility (EFF) program for Ukraine is expected in November of this year. This was announced by Ukraine's Minister of Finance Sergii Marchenko during a meeting with journalists, emphasizing the key financial conditions and the Fund's requirements for the Ukrainian budget.

IMF Conditions and Financing Guarantees

The main requirement of the International Monetary Fund for the successful completion of the second review is assurance that Ukraine's state budget will be fully funded a year in advance. According to Sergii Marchenko, approximately $32.6 billion of this amount still requires additional and reliable confirmation from international partners.

Sources to Cover External Deficit

Kyiv expects the European Union to fulfill its obligation to cover two-thirds of Ukraine's external financing needs next year, which would increase confirmed funding by about $17.5 billion. The remaining $15 billion or so is planned to be covered through bilateral financing, guarantees, programs with international financial organizations, and the potential use of frozen Russian assets.

Impact of Political Factors and Domestic Reforms

The Minister of Finance noted that domestic political agendas in EU countries and election results in partner nations heavily influence the negotiation process. Nevertheless, the government is determined to fulfill all assumed obligations and hopes for the support of the Verkhovna Rada of Ukraine.