The IMF has added four structural benchmarks to the program with Ukraine.  

These have been added to the updated memorandum, which Ukraine must fulfill to receive the third tranche of aid. Two of them must be completed by the end of September. In particular, the articles of the Budget Code on the restoration of medium-term budget planning, the development of a debt strategy, and the limitation of risks under state guarantees should become operational.

In addition, Ukrainian authorities shifted the focus to supporting small and medium-sized businesses in the 5-7-9 soft loans program by gradually excluding large companies from the program, strengthening monitoring, and supporting adequate guarantees.

Ukraine must complete two more new requirements by the end of October. Thus, the State Tax and State Customs Services should prepare action plans covering key areas of reform that will feed into the broader National Revenue Strategy.

In addition, it is necessary to appoint a supervisory board for Ukraine’s Operator of the Gas Transport System.