Ukraine Passes Laws for EU and IMF Aid

Ukraine approved new tax and financial monitoring laws to meet international demands. The reforms aim to unlock billions in vital foreign aid amid a domestic budget crisis driven by the ongoing war.

Ukraine Minister of Finance, Sergii Marchenko, answers questions after meeting with Canadian Finance Minister Francois-Philippe Champagne during the G7 finance ministers and central bank governors meeting in Banff, Alberta, Canada, May 20, 2025.

Ukraine's parliament passed a legislative package on Thursday to unlock billions in foreign aid from the European Union and the International Monetary Fund. Lawmakers approved tax and monitoring reforms as Russia's ongoing invasion drove a budget liquidity crisis. The funds are critical for covering defence spending and maintaining domestic financial stability.

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