Ukraine, IMF Near $900 Million Payment Amid Stalled US Aid

Deal expected as soon as Thursday as war anniversary nears
Move follows talks over backup plan if US can’t deliver aid

Volodymyr Zelenskiy and Kristalina Georgieva shake hands at the IMF in Washington, DC, on Dec. 11.Photographer: Roberto Schmidt/AFP

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By Volodymyr Verbianyi, Daryna Krasnolutska, and Eric Martin

February 21, 2024 at 7:41 PM UTC

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Ukraine is near an agreement with the International Monetary Fund to get the next $900 million disbursement from its $15.6 billion loan, a boost to the nation’s war-ravaged budget and a vote of confidence as US aid remains elusive.

Ukraine expects to reach an agreement with IMF staff as soon as Thursday, according to officials with knowledge of the talks, who asked not to be identified as the deal hasn’t been finalized. The agreement would still need to be ratified by the fund’s executive board, a step deals like this almost always clear without issue.