Olga Zykova discussed Ukraine’s financial support for 2026–2027 with the Netherlands’ Special Envoy for Ukraine Joost Klarenbeek

On March 24, 2026, Deputy Minister of Finance of Ukraine Olga Zykova met with the Special  Envoy for Ukraine of the Kingdom of the Netherlands Joost Klarenbeek.

The Deputy Minister congratulated Joost Klarenbeek on his appointment and expressed gratitude to the Government of the Netherlands for its significant and consistent support to Ukraine since the beginning of the full-scale war.

The parties discussed expectations for the Steering Committee meeting of the Ukraine Donor Platform, scheduled for March 25 in Kyiv, including financing needs to cover Ukraine’s budgetary requirements for 2026–2027, advancing reforms, and mobilizing private capital for recovery.

Particular attention was paid to cooperation with international financial institutions, as well as the implementation of the IMF’s four-year Extended Fund Facility (EFF) program totaling approximately USD 8.1 billion, which plays a key role in ensuring macro-financial stability and mobilizing international support.

Olga Zykova emphasized the importance of the European Union’s decision to provide Ukraine with EUR 90 billion in financial support for 2026–2027, which will contribute to strengthening budget resilience and ensuring priority public expenditures. The Government of Ukraine expects to receive the first tranche in the near future.

“We highly appreciate the Netherlands’ leadership in supporting Ukraine, particularly its participation in key international financial initiatives such as ERA loans and the Ukraine Facility, contributions to trust funds, and its active role within the Ukraine Donor Platform. This significantly enhances our ability to maintain macro-financial stability and implement reforms even during wartime,” said the Deputy Minister of Finance.

During the meeting, the Ukrainian side expressed gratitude to the Netherlands for its assistance, which, according to the Kiel Institute for the World Economy, exceeds EUR 10 billion, including budgetary, humanitarian, and military support, contributions to international funds, as well as financing for recovery and energy resilience projects.

In particular, the Government of the Netherlands has contributed to Ukraine’s recovery through key international instruments: USD 89 million to the World Bank’s URTF, USD 134 million in guarantees for the FREE Ukraine project through the IBRD, and USD 100 million to the Energy Support Fund. The parties also discussed the Netherlands’ further participation in Ukraine’s recovery.

The longstanding technical cooperation between the Ministries of Finance of Ukraine and the Netherlands was also highlighted, particularly in the area of developing public internal financial control, which is an important component of Ukraine’s EU integration process.

The Dutch side reaffirmed its readiness to continue supporting Ukraine in ensuring financial resilience, advancing reforms, and rebuilding the country.