The work of the IMF in Ukraine and the activities of the IMF Resident Representative Office are listed below. Additional information can be found on the Ukraine and IMF country page, including IMF reports and Executive Board documents that deal with Ukraine.
At a Glance: Ukraine's Relations with the IMF
Office Activities
IMF Resident Representative in Ukraine Visits Farmak to Discuss Ukraine’s Economic Outlook
The IMF Resident Representative in Ukraine Ms. Priscilla Toffano visits Fakmak, one of Ukraine’s towering pharmaceutical companies. The production facility served as a fertile ground and unparalleled opportunity to discuss Ukraine’s export potential, the challenges the domestic economy is facing under harsh circumstances of continuous war, the tight labor market, and the labyrinth of regulatory policies. During the presentation session, Farmak’s management briefed the IMF representative on the company’s operations, its role in the Ukrainian pharmaceutical market, export activities, and surging, against all odds, investments in production and development
February 4, 2026
January 28, 2026
An IMF mission, led by Gavin Gray, starts policy discussions today in Kyiv with the Ukrainian authorities on their request for a new Extended Fund Facility (EFF). The discussions will cover the authorities’ economic policy objectives, with a focus on fiscal and monetary policies to promote stability amidst continued exceptionally high uncertainty, and structural policies to strengthen governance, combat corruption and enhance growth.
November 17, 2025
On November 5 2025, Ms. Priscilla Toffano, the IMF Resident Representative in Ukraine, took a stage to deliver congratulatory remarks on the occasion of unveiling the new official website (web portal) of the State Statistics Service of Ukraine (the respective footage starts at 1:25:24).This modern digital platform has been developed as part of the digital transformation project and brings data, analytics, and artificial intelligence tools together, making official statistics open, convenient, and easy to use for everyone.
The portal publishes information on the activities of the SSSU and disseminates official state statistical information, including in compliance with the requirements of the IMF’s Special Data Dissemination Standard (SDDS).
November 5, 2025
In Kyiv, Think Tanks and the IMF Resident Representative Discuss Ukraine’s Key Economic Challenges
On October 7,2025 envoys of Ukraine’s leading economic think tanks met with Priscilla Toffano, the Permanent Representative of the International Monetary Fund (IMF) in Ukraine, along with economists from the IMF’s local office.
The purpose of the meeting was to exchange views between Ms. Toffano, IMF experts, and Ukrainian economic research centers on the current economic situation in the country and the key challenges facing Ukraine in 2026.
Representatives of the expert community shared their perspectives with IMF specialists on risks, potential sources for covering the budget deficit, and priority institutional reforms.
The think tank experts emphasized several key priorities that, in their view, require special attention, including:
- • Insufficient funding for defense forces in the draft 2026 Budget, despite excessive spending on secondary and inefficient programs
- • Underfunding of the Bureau of Economic Security and Customs Service
- • The need to reboot the Tax Service (draft law No. 9243)
- …..please see the text in Ukrainian for further information
October 7, 2025
Ukraine and the IMF
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Regional Economic Outlook
October 17, 2025
Europe’s growth is slowing and debt rising. Closing the productivity gap with the US is firmly in Europe’s grasp. Discussions need to move from recognition to action: deepen integration, raise productivity and secure long-term fiscal sustainability.
Read the Report