Ukraine Will Need $60 Billion in External Support in 2026–2027

Україні у 2026-2027 роках знадобиться $60 млрд зовнішнього фінансування для покриття дефіциту бюджету та підтримки енергосектору.

Ukraine will require approximately $60 billion in external financing in 2026–2027 to cover its state budget deficit and ensure the stable operation of the energy sector. This was announced by Finance Minister Serhiy Marchenko during the eighth meeting of the Round Table of Ministers in Washington.

This is reported by Business • Media

Plans for New Mechanisms to Attract Aid

Marchenko emphasized the need to implement new cooperation formats now, as well as to involve frozen assets of the Russian Federation to support the Ukrainian economy. He expressed gratitude to international partners, whose assistance has exceeded $152 billion since February 2022.

New Cooperation Programs with the IMF and Future Negotiations

Currently, Ukraine is preparing a new cooperation program with the International Monetary Fund for 2026–2029. This issue was discussed during Prime Minister Yulia Svyrydenko’s meeting with the IMF leadership in Washington. According to Svyrydenko, the current program has already provided Ukraine with a record eight successful reviews and funding of $10.6 billion, which has helped maintain macro-financial stability under the challenging conditions of war. She emphasized the importance of continuity in the next cooperation program:

“Within the framework of the current program, Ukraine has successfully undergone a record eight reviews and attracted $10.6 billion. The program has already helped Ukraine maintain macro-financial stability even amid the uncertainty and challenges of the largest war in Europe in the last 80 years. It is important for us that the next program serves as a continuous extension of the previous one.”

Additionally, IMF Managing Director Kristalina Georgieva plans to visit Kyiv to discuss a new loan package, which could reach $8 billion. Negotiations are expected to begin in November and may be complex, as the IMF insists on guarantees from Ukraine’s partners regarding the use of frozen Russian assets for financial support.