Prime Minister Denys Shmyhal of Ukraine has reported challenging negotiations with the International Monetary Fund (IMF) regarding the country's financing needs amid ongoing economic growth despite the war with Russia. The IMF is currently in Kyiv conducting a review of its $15.6 billion lending program, focusing on financing plans for 2025, which has proven to be complicated due to discussions about potential tax hikes to address a projected $35 billion budget deficit. Ukraine's GDP has shown growth, but inflation has also risen to 7.5%, and the government plans to increase defense spending significantly in response to the continuing conflict. Shmyhal emphasized the necessity of IMF support for sustainable financing and outlined plans for a 'war tax' to enhance revenue. Meanwhile, concerns have been raised regarding the IMF's conditions tied to loans, particularly in light of Pakistan's economic struggles and governance issues. Both countries face unique challenges as they navigate their respective financial agreements with the IMF.