The International Monetary Fund (IMF) says it has reached a staff-level agreement with Ukraine on funding worth $15.6bn (£12.8bn).
The organisation’s first loan to a country at war is expected to be approved in the coming weeks.
The IMF expects Ukraine’s economy to record a slight contraction or growth this year, and this would also be one of the largest financing packages Ukraine has received since Russia’s invasion.
The IMF recently changed a rule to allow loans to countries facing “exceptionally high uncertainty”.