Legal Aspects of the International Monetary Fund’s Support for Ukraine  (2022–2025)

Iwona Lasek-Surowiec

doi:10.31861/mhpi2025.52.42-54

Authors

Iwona Lasek-Surowiec State School of Higher Education in Chełm https://orcid.org/0000-0002-7231-7993

DOI:

https://doi.org/10.31861/mhpi2025.52.42-54

Keywords:

IMF, Ukraine, international law, financial assistance

Abstract

The article examines the legal aspects of the International Monetary Fund’s (IMF) support for Ukraine in the period 2022–2025. The objective is to assess the extent to which existing legal rules enable the Fund to provide flexible financial responses in the period 2022–2025 while preserving its institutional mandate of equal treatment of members and safeguarding financial stability. The methodology combines a dogmatic-legal approach with comparative legal analysis, focusing on primary sources of IMF law, Executive Board decisions, and program documents. The findings indicate that Ukraine’s obligations are dual in nature: treaty-based duties stemming from the Articles and programmatic commitments linked to the EFF. The results underline that IMF support for Ukraine has not only provided liquidity and macroeconomic stabilization but also contributed to the development of a coordinated debt regime involving bilateral and multilateral creditors. The legal effect is the emergence of a hybrid framework in which IMF instruments, though not explicitly intended for extraordinary circumstances, function as normative mechanisms of international financial law. This case study demonstrates that IMF intervention during war strengthens the international legitimacy of the recipient state while shaping long-term frameworks for reconstruction and integration into the global financial system.

Author Biography

Iwona Lasek-Surowiec, State School of Higher Education in Chełm

PhD (Law), Associate Professor, Department of International Relations

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