What financial support have international partners promised Ukraine in the coming years, and will this be enough to repel Russian aggression?

The agreements already concluded by Ukraine with its allies give grounds for optimistic expectations regarding the external financing deficit in 2025 being covered, analysts noted. In 2025, the Ukrainian government and the IMF expect to receive $13.7B from the EU through the Ukraine Facility, $19.1B under the ERA plan from the G7 and the EU, $3.1B from the IBRD, $2.7 billion from the IMF, and $1 billion from the UK.

Together, these contributions from external donors should provide Ukraine’s budget with $41B. However, international donor commitments for 2026 barely reach $21B. Starting from the second quarter of 2027, in the absence of new financial guarantees, Ukraine will face the problem of a colossal external financing deficit.

Experts also emphasize that the existing commitments are not enough to provide powerful resistance in the war against Russia, as well as for further economic recovery.