During the nine months of the IMF program, requirements have been met for 16 of the IMF’s 23 structural beacons and eight of the 20 conditions under the EU program. The country has neither fulfilled nor missed the deadline for six of the IMF beacons and three EU obligations, according to monitoring by RRR4U analysts.
It is noted that the most problematic aspects of implementing the IMF program remain two tasks in fiscal policy: the return of the 5-7-9 affordable loans program to support small and medium-sized businesses and the development of tax and customs service reform plans. The deadlines for these beacons passed in September and October, respectively, but they still have not been met. Also, Ukraine completed several requirements after their deadline.
In the EU program, Ukraine has overdue obligations in effective governance and energy: the norms of the law on administrative procedure have not yet been implemented, and there is no action plan for the restoration of the energy infrastructure considering the goals for the transition to green energy.