Ukraine to address backlog in Ukraine Facility, new IMF program commitments – Deputy PM

Ukraine will do everything necessary to receive a new program with the International Monetary Fund (IMF) and the planned receipts from the EU within the Ukraine Facility, said Deputy Prime Minister for European and Euro-Atlantic Integration of Ukraine Taras Kachka.

"No one is refusing anything; everyone is working on everything - this is normal. We will have a program with the IMF," he told journalists in Kyiv on Thursday at the sidelines of the "Bridge to Europe: Ukraine’s Tax Integration Path" conference.

Deputy Prime Minister Kachka acknowledged delays in meeting the Ukraine Facility plan indicators, saying the situation is transparent and efforts are underway to accelerate implementation.

"But we haven’t lost a single penny," he emphasized.

The Deputy Prime Minister told Interfax-Ukraine the out of 15 delayed indicators, the most critical is the approaching 12-month deadline that could block funding for one: the adoption of new legislation on judicial integrity declaration checks. Kachka said parliament should approve the law, which has EU alignment and is acceptable to both the IMF and Ukrainian judges.

For the remaining indicators, he noted technical issues only and reported readiness in energy legislation, decentralization, and digitalization of enforcement procedures.