Ukraine lost 5 billion euros due to non-fulfillment or late fulfillment of its obligations to the International Monetary Fund (IMF) and under the program “Ukraine Facility“ - Fund for Support to Ukraine
“The late fulfillment or non-fulfillment of Ukraine's obligations under the “Ukraine Facility“ and the IMF led to a budget deficit of 5 billion euros. This was necessary: corruption and government sabotage of reforms cost billions.“ “In euros“, Rada deputy Yaroslav Zheleznyak announced on his Telegram channel.
He specified that the data provided were provided by the Accounts Chamber of Ukraine.
In March 2023, the IMF approved a four-year financing program for Ukraine in the amount of USD 15.6 billion. To receive the funds, Kiev must fulfill certain obligations - the so-called structural indicators. The funds are allocated in separate tranches after an audit of compliance with these conditions. The fund's experts assess Kiev's compliance with the terms of the memorandum on economic and financial policy, in particular, budget execution, the state of international reserves and the implementation of reforms.