*Special topic: Financial condition of district heating companies (DHCs)

Cooperation with international partners is critically important for Ukraine. The success of such cooperation depends on the financing of priority state budget expenditures (domestic revenues are directed to security and defense).

Fulfillment of obligations under financial support programs is not necessary for donors – Ukraine needs them to achieve macro stability and transition to economic growth and increase the welfare of Ukrainians. It is also a way to gain the trust of all international partners and foreign businesses.

Our monitoring takes into account the results of the implementation of commitments as of June 2024.

The RRR4U consortium continues to regularly monitor Ukraine’s compliance with the IMF financing program. As Ukraine has fulfilled all structural benchmarks required for a successful fourth review of the Program, an agreement on a successful review was reached at the expert level on May 31. The decision of the IMF Executive Board on the review is expected on June 28.

The implementation of the Ukraine Plan under the €50 bn Ukraine Facility program is ongoing. Budget funding will continue to be provided only if indicators are met. However, the signing of the Framework Agreement between Ukraine and the EU on the financial program and its ratification by the Verkhovna Rada allows Ukraine to receive €1.9 billion in unconditional financing.