US EditionUkraine’s Prime Minister to Ask IMF for New Loan, as New Team Focuses Efforts on Bring US Support Back on Board
UKRAINE, JUL 22 – Prime Minister Yuliia Svyrydenko aims to secure new IMF funding and increase domestic arms output to reduce reliance on external aid amid ongoing war, with $75 billion needed, officials said.
- Ukraine's new prime minister, Yuliia Svyrydenko, announced plans to seek a new IMF loan as her team focuses on restoring US support.
- The war's continuation and a widening budget gap of about $10 billion for 2026 are driving the request amid partly secured funding.
- Svyrydenko aims to increase domestic weapons production to reduce reliance on foreign aid while engaging Washington to maintain partnership.
- She indicated that if the conflict persists into the following year as expected, Ukraine is highly likely to enter into a new IMF program, highlighting the urgency of the situation.
- The upcoming IMF review in August will assess economic and military scenarios to determine new loan terms, while the government addresses anti-corruption issues.
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The Ukrainian Prime Minister will soon hold an online meeting with the US Treasury Secretary on financial support for Ukraine and the possibility of joint drone production. The Ukrainian government aims to strengthen military-industrial cooperation with the United States, including by purchasing Patriot systems and establishing American drone factories in Ukraine. According to Sviridenko, developing domestic arms production is crucial, especiall…
·Budapest, Hungary
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Ukraine’s Prime Minister to ask IMF for new loan, as new team focuses efforts on bring US support back on board
Ukraine’s new prime minister, Yuliia Svyrydenko, said Kyiv will probably ask for a new International Monetary Fund (IMF) loan to plug a widening budget deficit.
·Berlin, Germany
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Coverage Details
Total News Sources17
Leaning Left1Leaning Right4Center2Last UpdatedBias Distribution57% Right
Bias Distribution
- 57% of the sources lean Right
57% Right
14%
C 29%
R 57%
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