IMF and EU programs: how Ukraine copes with its “homework”

Ukraine’s financing needs for 2024 are estimated at $40 billion, but according to consortium experts, the actual amount could be significantly higher, as was the case last year, and may remain so in the coming years. Consequently, it is very important that Ukraine fulfills its “homework” – the IMF’s structural benchmarks and EU recommendations, despite occasional delays.

It is politically crucial to complete an external audit of NABU’s efficiency with the participation of three independent international experts. Originally planned for September, the Audit Commission visited the National Anti-Corruption Bureau on October 3. Consequently, the external independent evaluation of the National Bureau’s work, even though it’s a bit late, is now underway.

Reforms are necessary not only to provide Ukraine with access to financing. The reforms are aimed at making the Ukrainian economy more stable, strong, oriented towards the rule of law, so that Ukraine becomes a civilized European country.

But what is needed to drive Ukraine towards sustainable economic growth is not always implemented, even despite pressure from international donors, stated Maria Repko, deputy director of the Center for Economic Strategies.

Source: ZN,UA.