Ukraine’s external financing needs for 2025 are fully met.

According to Finance Minister Serhiy Marchenko, this year’s macro financial support from Ukraine’s key partners will amount to $16.8B, completely covering its external financing needs for 2025. However, Ukraine must remain vigilant for any developments. The minister emphasized that in 2026, international support “will continue to be critically important for maintaining financial stability, restoring the economy, and attracting foreign investment.”

Marchenko also highlighted the strengthening of Ukraine’s financial system. Thanks to the growth of domestic revenue and stable financing, the country is gradually reducing its budget deficit. According to the results from the first quarter of 2025, the general fund of the state budget’s revenue rose by $1B compared to the same period in 2024. Through the issuance of government bonds, $3B has already been added to the budget in 2025. The budget deficit is projected to decrease to 19.4% of GDP in 2025, down from 24% in 2024.

Marchenko noted that $50B will also be received through the ERA program, financed from revenues generated by frozen Russian assets.