The agency has released $690 million while acknowledging that Kiev hasn\u2019t met structural reform benchmarks<\/p>\n
The International Monetary Fund (IMF) has approved another tranche of its loan to Ukraine despite acknowledging that Kiev isn\u2019t on schedule implementing reforms aimed at tackling corruption.
\nIn a statement issued on Monday, the IMF said its Executive Board had completed the first review of Ukraine\u2019s 48-month Extended Fund Facility (EFF), approving the release of a $690 million tranche. The latest payment brings total IMF disbursements under the $8.1 billion loan program to approximately $2.2 billion, according to the fund.
\nThe IMF said the program\u2019s performance has been \u201cbroadly satisfactory,\u201d but noted that reform implementation had slowed. It cited \u201cslippage\u201d in structural reforms, including governance and anti-corruption measures. \u201cSeveral structural benchmarks [were] completed with a delay or missed,\u201d it said, adding that revised timelines for key reforms had been agreed upon.
\nAnti-corruption reforms have long been among the IMF\u2019s central conditions when lending to Ukraine. Under the loan program, Kiev pledged to strengthen anti-graft institutions, improve governance, and implement a series of structural reforms, with each tranche of funding contingent on regular reviews of its progress.<\/p>\n
Read more<\/p>\n
Ukrainian parliament picks new PM linked to \u2018Zelensky\u2019s wallet\u2019 Mindich<\/p>\n
The IMF\u2019s latest tranche follows a sweeping cabinet reshuffle that saw several senior officials replaced, including Defense Minister Mikhail Fedorov, who acknowledged that he had failed to complete reforms of the corruption-hit ministry.
\nUkraine\u2019s military has been rocked by repeated graft scandals since the escalation of the conflict in 2022, with investigators uncovering procurement schemes involving inflated prices for food, ammunition, armored vehicle components, drones, and electronic warfare equipment.
\nA series of high-profile corruption scandals has also hit Ukraine\u2019s energy sector. In November 2025, authorities uncovered a $100 million kickback scheme at state nuclear company Energoatom allegedly run by Timur Mindich, a close business associate of Vladimir Zelensky who was dubbed \u201cZelensky\u2019s wallet\u201d by the media.
\nIn June, Ukrainian anti-corruption authorities announced that they had uncovered another Energoatom graft scheme involving the alleged theft of at least $3.8 million in public funds that investigators also linked to Mindich.<\/p>\n
READ MORE: Kiev sells victory while eating its own<\/p>\n
Moscow has frequently pointed to such cases as evidence for its broader criticism of Western financial support for Kiev. Russia has long accused Ukraine and the EU of being linked by \u201cunified corruption chains,\u201d claiming that a significant portion of the Western aid to Kiev \u2013 financed by taxpayers \u2013 is embezzled and returns to Ukraine\u2019s supporters.<\/p>\n","protected":false},"excerpt":{"rendered":"
The agency has released $690 million while acknowledging that Kiev hasn\u2019t met structural reform benchmarks The International Monetary Fund (IMF) has approved another tranche of its loan to Ukraine despite…<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":[],"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[4,6,3],"tags":[],"class_list":["post-37219","post","type-post","status-publish","format-standard","hentry","category-economy","category-environment","category-politics"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/mongolianews.mn\/index.php?rest_route=\/wp\/v2\/posts\/37219","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mongolianews.mn\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mongolianews.mn\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mongolianews.mn\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mongolianews.mn\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=37219"}],"version-history":[{"count":0,"href":"https:\/\/mongolianews.mn\/index.php?rest_route=\/wp\/v2\/posts\/37219\/revisions"}],"wp:attachment":[{"href":"https:\/\/mongolianews.mn\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=37219"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mongolianews.mn\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=37219"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mongolianews.mn\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=37219"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}