19 May 2026, 05:15

Ukraine Seeks $95 Billion in External Financing for 2026-2027 to Ensure Macroeconomic Stability

Сергій Марченко на зустрічі G7 щодо фінансової підтримки України

Ukraine requires $95 billion in external funding for 2026-2027 to sustain state functions and economic recovery. According to the Ministry of Finance of Ukraine, Minister Sergii Marchenko emphasized during a G7 meeting in Paris that $52 billion of this amount is already secured for the current year.

International aid remains the lifeline for Ukraine as it faces systematic attacks on its energy infrastructure. Marchenko highlighted that while Ukraine’s budget revenues grew by 17.2% in the first four months of 2026, the country still faces significant challenges, including a contraction in GDP during the first quarter and rising inflation. The government’s priority remains maintaining macro-financial stability through active engagement with international partners.

The Minister welcomed the EU’s Ukraine Support Loan (USL) mechanism, which is expected to be a cornerstone of financial stability over the coming years. Furthermore, Marchenko called on global leaders to expedite the utilization of frozen Russian assets to fund the reconstruction of the power grid, which has suffered extensive damage due to relentless air strikes.

Preparations are currently underway for a visit from the International Monetary Fund (IMF) mission to review the Extended Fund Facility (EFF) program. Representatives from the G7, the World Bank, and the European Commission praised Ukraine’s responsible fiscal management, noting that transparency and accountability in state finances are key to sustaining long-term international donor support. As the country moves forward, this partnership will remain essential in bridging the gap between domestic revenues and the immense costs associated with defense and social support in a wartime economy.