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Yuliia Svyrydenko Meets with IMF Mission: Discussed Strengthening Economic Resilience and Future Cooperation
19.11.2024 | 15:49 | Section for Public and Mass Media Relations.

First Deputy Prime Minister and Minister of Economy of Ukraine, Yuliia Svyrydenko, held a meeting with the International Monetary Fund (IMF) mission, which commenced work in Kyiv for the sixth review of the Extended Fund Facility (EFF) programme. The discussions focused on progress in meeting the indicators of the Ukraine Plan under the Ukraine Facility financing programme, key economic projections for 2025, a new financing model for the eOselia programme, and labour market reforms. 

The IMF delegation included Gavin Gray, IMF Mission Chief for Ukraine, his deputies Sanaa Nadeem and Trevor Lessard, Priscilla Toffano, IMF Resident Representative for Ukraine, Jeroen Clicq, IMF Executive Director for the regional group that includes Ukraine, Vladyslav Rashkovan, IMF Alternate Executive Director, and Emmanuel Mathias, Head of the Governance and Anti-Corruption Division at the IMF. 

“Collaboration between Ukraine and the IMF is of critical importance. It ensures macro-financial stability while also supporting and developing the private sector. We aim to stimulate economic growth and recovery, create conditions for the return of Ukrainians from abroad, and carry out necessary reforms on Ukraine’s path to the EU. The IMF mission’s expertise helps us identify effective tools to achieve these objectives,” said Yuliia Svyrydenko

The meeting covered progress on Ukraine Plan indicators under the Ukraine Facility. Ukraine has successfully fulfilled 25 indicators, unlocking €12 billion under the programme. An additional €4 billion is expected to be disbursed upon meeting third-quarter indicators, further contributing to macroeconomic stability. 

Another significant topic was the modernisation of the financing model for the state-backed affordable mortgage programme, eOselia. Since its launch, over 14,000 Ukrainian families have improved their housing conditions, with most borrowers being families of servicemen, law enforcement officers, medical professionals, and teachers. The total value of loans issued under the programme has reached UAH 22.8 billion. The Government plans to extend funding for eOselia next year, enabling more citizens in need to access improved housing. 

Discussions also addressed labour market reforms, creating incentives for Ukrainians to return from abroad, and implementing retraining and employment programmes for veterans. These measures aim to facilitate veterans’ reintegration into peaceful life after the war. 

Additionally, the parties discussed the development of draft legislation on public procurement reform.

Ministry of Economy of Ukraine 01008, Ukraine, Kiyv city,
Grushevsky str., 12/2