The IMF hopes that by 2030 Ukraine will be able to achieve a sustainable balance of payments
19 April 22:12
The International Monetary Fund expects that by the time the four-year Extended Fund Facility (EFF) program concludes in February 2030, Ukraine will have achieved sustainable levels of balance of payments and public debt, which will reduce its dependence on external support.
This was reported by "Komersant Ukrainian" citing Interfax-Ukraine.
This was stated by Alfred Kammer, Director of the IMF’s European Department, who emphasized that the program is based on a comprehensive four-pronged strategy aimed at ensuring debt sustainability in the medium term.
According to him, the key prerequisites are expanding the state’s revenue base, controlling and reducing expenditures, attracting a significant amount of external financing with clear conditions, and continuing the debt restructuring initiated by the Ukrainian side. Collectively, these factors should ensure an acceptable debt level upon the program’s completion.
The IMF emphasizes that revenue growth is critical not only for debt servicing but also for financing social services and economic recovery toward European integration.
Against this backdrop, Ukraine’s public debt continues to rise. In 2025, it reached $213.3 billion, increasing by nearly 29% year-over-year. According to estimates embedded in the EFF program, the debt burden in 2027–2028 could peak at over 130% of GDP, followed by a gradual decline through 2030.
Thus, the implementation of the IMF program is viewed as a transitional mechanism for stabilizing public finances and creating the conditions for Ukraine to function without external financial programs in the long term.
