The current IMF program is in limbo due to the failure of the parliament and the government to fulfill key commitments. There is no progress on the implementation of Prior Actions for the new program, which blocks access to USD 8.2 bn from the IMF and about EUR 90 bn from the EU. Without these funds, Ukraine will not be able to finance defense, so the implementation of the Prior Actions must be resumed assoon as possible.
Failure to meet the indicators of the Ukraine Plan for the fourth quarter of 2025 may cost Ukraine EUR 2.6 bn of unreceived funds , and in total, by the end of 2025, the volume of unfulfilled indicators is worth over EUR 3.9 bn of unreceived financial support . It is important that the vast majority of these indicators are legislative initiatives, the adoption of which falls within the responsibility of the Verkhovna Rada of Ukraine, which emphasizes the importance of returning responsibility to the parliament in ensuring Ukraine's full access to financing under the Ukraine Facility.
One of the areas of reform that is important in both the numerous IMF programs and the EU support programs is the introduction of effective corporate governance . Much has been done at the legislative level, but the goal is far from being achieved. Today, Ukraine is making another leap in appointing supervisory boards to increase the efficiency of state-owned enterprises.
