In the first half of 2025, the Government of Ukraine secured $22 billion in external financing

In the first six months of 2025, the Ministry of Finance of Ukraine attracted USD 22 billion in external financing to the State Budget of Ukraine.

International support has made it possible to fully cover social and humanitarian expenditures. At the same time, all domestic financial resources continue to be directed by the Ministry of Finance toward the security and defense sector.

Providers of budgetary support in 2025:

• G7 countries and the EU through the ERA mechanism (using revenues from immobilized russian assets) – USD 17.6 billion;

• European Union (Ukraine Facility) – USD 3.8 billion (concessional financing and grants);

• International Monetary Fund – USD 400 million;

• Japan – USD 190 million (concessional financing);

• World Bank – USD 50 million (concessional financing).

Ukraine's external financing needs by the end of 2025 amount to USD 39.3 billion.

The Ministry of Finance, in cooperation with the G7 countries and the EU, is implementing the Extraordinary Revenue Acceleration for Ukraine (ERA) initiative. The ERA mechanism, with a total capacity of up to USD 50 billion, envisages the provision of loans to Ukraine, which will be serviced and repaid from future revenues generated from immobilized russian assets. In 2025, partners have already allocated USD 17.6 billion through this mechanism.

In April, Ukraine received EUR 3.5 billion from the European Union under the Ukraine Facility. The tranche consisted of EUR 3.1 billion in concessional financing and EUR 400 million in grants.

The USD 400 million from the IMF was disbursed following the successful completion of the seventh review of the Extended Fund Facility program.

Ukraine also received USD 190 million from Japan under the joint DRIVE project with the World Bank. This project supports Ukraine in strengthening the resilience of its national transport network, modernizing infrastructure, and restoring bridges.

Funds from the World Bank were received under the THRIVE health sector project. The aim of the project is to support the Government of Ukraine in improving the Medical Guarantee Program to help build a resilient healthcare system.

Since the start of the full-scale war, Ukraine’s international partners have provided over USD 137 billion in budget support.