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IMF Weighs Ukraine Aid Package Worth Up to $16 Billion

  • Fund’s program is conditional on a number of terms being met
  • First disbursements in program could come as soon as April
A woman walks by destroyed buildings in the Donetsk Region of Ukraine, on Jan. 20. 

A woman walks by destroyed buildings in the Donetsk Region of Ukraine, on Jan. 20. 

Photographer: Spencer Platt/Getty Images
Updated on

The International Monetary Fund is exploring a multiyear aid package for Ukraine worth as much as $16 billion to help cover the country’s needs and provide a catalyst for more international funding while Kyiv tries to repel Russian forces, according to people familiar with the matter.

Whether the program is implemented hinges on a range of conditions, including endorsement from Group of Seven nations, and Ukraine’s donors and creditors ensuring the sustainability of the country’s debt, said the people.