Ukraine to receive 1.1 billion from IMF
Source: Denys Shmyhal/Telegram
Ukraine has reached a preliminary agreement with the International Monetary Fund, IMF, that will see the war-torn country receive a financial aid package of $1.1 billion as part of the Extended Fund Facility program, according to Ukraine’s prime mininster Denys Shmyhal.
Breaking the news on his Telegram channel, the prime minister said ‘the country continues its major reforms and the international partners are lending their support along the way”
The deal was reached after the IMF Mission visit to Kyiv earlier this month.
“The war in Ukraine continues to have a devastating impact on the country and its people,” said Gavin Gray, head of the IMF monitoring mission in Kyiv for the program’s review. Notably, this was the IMF’s first full-fledged mission in Kyiv since the start of the full-scale invasion.
The institution plays a crucial role as Ukraine’s key international creditor, and the four-year $15.6 billion EFF program is a central part of a broader global financial support package for Ukraine.
On October 6, the Administrative Cassation Court within the Supreme Court of Ukraine continued hearing case No. 990/80/25, in which the fifth President and leader of the party “European Solidarity”, Petro Poroshenko, seeks to have Presidential Decree No. 81/2025 from February 12, 2025 — enacting sanctions by the decision of the National Security and Defense Council (NSDC) — declared illegal and annulled. The plaintiff claims the document was falsified and that the sanctions are a tool of political persecution of the opposition, contrary to international norms. Government representatives deny the allegations and insist their actions were lawful. Journalists of Bukvy were present at the hearing.
Rinat Akhmetov’s Metinvest Group has completed the construction of an upgraded underground NATO Role 2 hospital in one of the hottest sectors of the frontline. This is the second stabilization point established under the Steel Front initiative in cooperation with the Medical Forces of the Armed Forces of Ukraine. The new facility, funded by Metinvest with an investment of UAH 21 million, is more secure than the first one thanks to its deeper location underground (over 6 meters) and additional fortifications.
Five armored vehicles “Kozak” have received a new mission – thanks to the support of Metinvest, they have been upgraded to full-fledged command and staff vehicles. These upgraded vehicles are now operating on the front line.
A kamikaze drone flies directly toward an armored personnel carrier. But instead of penetrating the hull, it explodes on a steel screen. The crew survives. This is the new reality for Ukrainian forces, who have received enhanced protection thanks to the Metinvest project within “Steel Front of Rinat Akhmetov”.
To commemorate the third anniversary of the full-scale invasion, “Bukvy” has compiled data on the largest donors supporting the Armed Forces of Ukraine. Among them there are charitable foundations and businesses. The list includes, in particular, foundations that provide assistance exclusively from their own resources, without fundraising (such as SCM by Rinat Akhmetov, Epicenter, etc.).