Ukraine’s overall need for external budget financing next year exceeds $52bn. The country’s defence capability, pension payments, and the operation of hospitals and businesses depend on these funds.
Prime Minister of Ukraine Serhiy Koretskyy reported this following his speech at a ministerial roundtable held as part of the annual meetings of the International Monetary Fund and the World Bank.
According to the Prime Minister, almost $20bn of the needs for 2027 have already been identified under agreements with the European Union, the IMF and Japan. At the same time, Ukraine still needs to secure more than $32.6bn, or €30bn.
Koretskyy noted that next year budget spending on defence and security will amount to almost 44% of GDP. In addition, the off-budget needs of Ukraine’s Defence Forces are estimated at $45bn, or €40bn.
The Prime Minister stressed that Russia is systematically attacking critical infrastructure, businesses, production facilities and civilian sites. Due to destruction and the shutdown of enterprises, tax revenues by the end of the year are forecast to be about $1.5bn lower than expected.
Ukraine continues to meet its commitments to receive international support. This week, the government is to approve the necessary decisions to continue financing, and parliament — to consider the bills provided by the IMF, World Bank and EU support programmes.
Koretskyi thanked partners for the identified sources to cover Ukraine’s financial needs for 2026. He separately praised the European Union for the Ukraine Support Loan programme worth €90bn for 2026–2027.