{
  "title": "Ukraine: Eighth Review Under the Extended Arrangement Under the Extended Fund Facility, Requests for Modification of Performance Criteria, Rephasing of Access, and Financing Assurances Review-Press Release; Staff Report; and Statement by the Alternate Executive Director for Ukraine",
  "publication": "IMF Staff Country Reports, June 30, 2025",
  "sourceUrl": "https://www.imf.org/en/publications/cr/issues/2025/06/30/ukraine-eighth-review-under-the-extended-arrangement-under-the-extended-fund-facility-568152",
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  "summary": "This paper presents Ukraine’s Eighth Review under the Extended Arrangement under the Extended Fund Facility, Requests for Modification of Performance Criteria, Rephasing of Access, and Financing Assurances Review.",
  "sections": [
    {
      "heading": "Overview",
      "content": "- Publication date: June 30, 2025\n- This paper presents Ukraine’s Eighth Review under the Extended Arrangement under the Extended Fund Facility, Requests for Modification of Performance Criteria, Rephasing of Access, and Financing Assurances Review.\n- Ukraine’s economy remains resilient, and the authorities met:\n  - all end-March and continuous quantitative performance criteria,\n  - the prior action, and\n  - two structural benchmarks for the review."
    },
    {
      "heading": "Major findings and priorities",
      "content": "- Fiscal and debt sustainability and support for growth require:\n  - progressing with domestic revenue mobilization,\n  - strengthening the investment climate,\n  - improving governance, and\n  - completing the debt restructuring strategy.\n- The full and timely disbursement of external support during the program period is indispensable for macroeconomic stability.\n- Sustained progress in anticorruption and governance reforms remains crucial.\n- Monetary and exchange rate policy guidance:\n  - maintaining a tight monetary stance to tackle still-elevated inflation and ensuring inflation expectations remain anchored,\n  - fostering greater flexibility in the exchange rate to enable it to play a shock-absorbing role, help prevent external imbalances, and safeguard reserves."
    },
    {
      "heading": "Performance criteria, actions, and reforms",
      "content": "- Quantitative and institutional performance:\n  - All end-March and continuous quantitative performance criteria were met.\n  - The prior action was met.\n  - Two structural benchmarks for the review were met.\n- Reform emphasis:\n  - domestic revenue mobilization,\n  - investment climate improvements,\n  - governance enhancements,\n  - debt restructuring completion,\n  - anticorruption reforms."
    },
    {
      "heading": "Subject classification and keywords",
      "content": "- Subject: Budget planning and preparation, Debt sustainability, Expenditure, External debt, Inflation, Prices, Public financial management (PFM)\n- Keywords: action plan for customs reform, budget declaration, Budget planning and preparation, Debt sustainability, draft medium-term action plan, draft plan, Europe, Inflation, staff appraisal\n\n---\n\n Content in this bundle\n\n- 1ukrea2025002-print-pdf\n  - 1ukrea2025002-print-pdf (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - 1ukrea2025002-print-pdf (PDF){rel=\"external\" type=\"application/pdf\"}"
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    "Published: June 30, 2025",
    "Series: IMF Staff Country Reports",
    "DOI: https://doi.org/10.5089/9798229014861.002",
    "Publication date: June 30, 2025",
    "This paper presents Ukraine’s Eighth Review under the Extended Arrangement under the Extended Fund Facility, Requests for Modification of Performance Criteria, Rephasing of Access, and Financing Assurances Review.",
    "Ukraine’s economy remains resilient, and the authorities met:",
    "Fiscal and debt sustainability and support for growth require:",
    "The full and timely disbursement of external support during the program period is indispensable for macroeconomic stability.",
    "Sustained progress in anticorruption and governance reforms remains crucial.",
    "Monetary and exchange rate policy guidance:",
    "Quantitative and institutional performance:",
    "Reform emphasis:",
    "Subject: Budget planning and preparation, Debt sustainability, Expenditure, External debt, Inflation, Prices, Public financial management (PFM)",
    "Keywords: action plan for customs reform, budget declaration, Budget planning and preparation, Debt sustainability, draft medium-term action plan, draft plan, Europe, Inflation, staff appraisal",
    "**1ukrea2025002-print-pdf**"
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