In-Depth Analysis – IMF Lending to Ukraine: State of Play and the Road Ahead – PE 760.264 – Committee on Budgets – Committee on Foreign Affairs – Committee on Economic and Monetary Affairs

This paper provides an overview of the International Monetary Fund (IMF)’s lending to Ukraine, particularly focusing on the IMF response to the Russia’s invasion of Ukraine since February 2022, given the challenging macroeconomic circumstances. If further analyses the key elements of the IMF’ Extended Fund Facility (EFF) programme for Ukraine, including the evolution of core assumptions, risks, fiscal sustainability and conditionality.