The RRR4U (Resilience, Reconstruction, and Relief for Ukraine) is a collaboration of four major Ukrainian civil society organizations: Center for Economic Strategy, Institute for Economic Research and Policy Consulting, Institute of Analytics and Advocacy, and DiXi Group.
According to their analysis, four benchmarks were met on time:
- Tax legislation affecting online marketplaces such as OLX.ua;
- Adoption of a state budget declaration;
- Audit of the National Anti-Corruption Bureau (NABU);
- Approval of the State Single Project Pipeline.
Two were completed late:
- Appointment of a new head of the Economic Security Bureau (ESB);
- Integrity vetting of members of the National Securities and Stock Market Commission (NSSMC).
Two benchmarks still remain unmet: reforming oversight boards at state-owned enterprises and repealing controversial amendments to allow the Specialized Anti-Corruption Prosecutor’s Office (SAPO) to handle extradition and international legal assistance requests.
Maria Repko, deputy executive director of the Center for Economic Strategy, said the current IMF program included “very easy benchmarks,” yet several still went unmet.
“The next IMF program will most likely be front-loaded—most of the funds will be disbursed at the start. That will give the fund the opportunity to set tougher requirements [for the Ukrainian government] from day one,” she said.
Ukraine’s plan for receiving European Union funds under EU’s Ukraine Facility program is also lagging. Eight key indicators have not been met. They include:
- Enacting legislation on state support for agriculture;
- Passing laws on electricity market integration;
- Enacting the law on new administrative courts;
- Filling at least 20 percent of judicial vacancies;
- Reforming access to digital court proceedings;
- Enacting legislation to review and verify judges’ integrity declarations;
- Implementing reforms of regional executive bodies;
- Expanding the staff at the High Anti-Corruption Court.
Vitalii Nabok, an analyst at the Institute of Analytics and Advocacy, warned that two more indicators—implementing the public investment management reform roadmap and approving Ukraine’s national contribution to the Paris Agreement climate accords—are also at risk.
“If these indicators are not met on time, we’ll see even greater financial risks and losses [in foreign financing],” he said.
Ukraine needs $8.7 billion in additional funding to cover planned budget expenditures this year. In 2026, according to DiXi Group’s research director Roman Nitsovych, Kyiv expects external financing to cover 42.3 percent of all expenditures. This dynamic reinforces the need to keep up with the pace of reforms agreed upon with international institutions.