More than half of the required external financing for Ukraine has already been secured, as reported by Finance Minister Serhiy Marchenko during a meeting of the financial bloc of the G7 countries in Paris. The event was attended by finance ministers, central bank heads of the G7, as well as leaders from the International Monetary Fund, the World Bank, and the European Commission.
This is reported by Kyiv24
External Financing and Economic Challenges
Serhiy Marchenko emphasized that international support is currently crucial for the functioning of the Ukrainian state, ensuring macro-financial stability, and covering key social and humanitarian needs. The minister pointed out the difficult economic circumstances caused by the war, noting that in the first quarter of 2026, Ukraine’s GDP contracted, and inflation rose in April after a previous slowdown. At the same time, the state demonstrates resilience in budget revenues — according to the results of the first four months of 2026, state budget revenues increased by 17.2% compared to the same period last year.
“According to Serhiy Marchenko, Ukraine’s total need for external financing for 2026-2027 amounts to 95 billion US dollars, of which 52 billion is needed in 2026 and has already been secured,” the Ministry of Finance’s press service quotes.
Support from Partners and New Mechanisms
The Finance Minister specifically highlighted the need for prompt search for mechanisms to restore energy infrastructure. He expressed gratitude for the European Union partners’ decision regarding the introduction of the Ukraine Support Loan (USL) instrument, which is set to be key for supporting macro-financial stability in 2026-2027.
The Ministry of Finance also reports on the planned upcoming visit of an IMF mission to prepare for the review of the Extended Fund Facility program. Marchenko urged international partners to create conditions for the use of frozen Russian assets for the benefit of Ukraine.
Meeting participants noted that Ukraine demonstrates responsible management of public finances, maintains the functioning of the economy, and continues to adapt to the challenges of war. This is an important factor for the trust of international partners and a foundation for further support.
On April 23, the EU Council unanimously approved changes to the EU’s multiannual budget, allowing for a loan of 90 billion euros to Ukraine and the adoption of the 20th sanctions package. After the loan was approved, President Volodymyr Zelensky emphasized that work on obtaining the first tranche is ongoing, and these funds are expected to be available as early as May-June.