Reforms in Ukraine and mobilizing private investment – results of meetings with IMF and World Bank leadership

Minister of Economy, Environment, and Agriculture of Ukraine Oleksii Sobolev took part in meetings with IMF and World Bank leaders. A series of events took place during the visit of the Ukrainian delegation headed by Prime Minister of Ukraine Yulia Svyrydenko to the Annual Meetings of the International Monetary Fund and World Bank in Washington, D.C., the U.S.

During talks with IMF Managing Director Kristalina Georgieva and her First Deputy Dan Katz, Minister Oleksii Sobolev discussed the key parameters of the new IMF-Ukraine cooperation programme for 2026-2029 and the current challenges facing the Ukrainian Government.

In particular, under the current Extended Fund Facility arrangements, Ukraine has successfully completed a record eight reviews and attracted USD 10.6 billion. It has already helped Ukraine maintain macrofinancial stability even in the context of war.

The IMF management has positively assessed Ukraine's progress in implementing the economic, fiscal, monetary, and anti-corruption policies included in the joint cooperation program. The next visit of the negotiating mission will take place in the near future.

The main topics of the meeting with IFC Vice President for Europe, Latin America and the Caribbean, Alfonso Garcia Mora, and the World Bank team were attracting private investment to Ukraine through privatization and public-private partnerships.

Oleksii Sobolev presented the prospects for investors opened up by the new legislation on public-private partnerships, as well as individual projects in key sectors such as transport, healthcare, and energy. Together with partners, they have already launched the five-year PREPARE program to develop high-quality projects. The Government is currently working on the Viability Gap Funding initiative for their co-financing.