Sergii Marchenko outlined Ukraine’s financial needs for 2026–2027 at the Ministerial Roundtable in Washington

During the eighth Ministerial Roundtable for Support of Ukraine, held on October 15 in Washington, Minister of Finance Sergii Marchenko outlined Ukraine’s financial needs for 2026–2027.

The event was co-chaired by the Government of Ukraine, the World Bank Group, and the International Monetary Fund (IMF).

The meeting was opened by World Bank Group President Ajay Banga, IMF Managing Director Kristalina Georgieva, and Minister of Finance Sergii Marchenko.

The key topic of discussion was Ukraine’s State Budget financing needs for 2026–2027, as well as support for the energy sector, which continues to suffer from russia’s ongoing attacks on critical infrastructure.

International partners highly commended the effectiveness of Ukraine’s financial policy, particularly the preservation of macro-financial stability and progress in fiscal reforms.

Sergii Marchenko thanked Ukraine’s partners for their financial assistance, which has exceeded USD 152 billion since February 2022, and has already reached USD 36.9 billion in 2025.

The Minister emphasized that pressure on public finances remains due to the continuation of active hostilities. The uncovered need for external financing in 2026–2027 amounts to about USD 60 billion.

He highlighted the importance of launching new cooperation programs and establishing a mechanism for the use of russian assets to help balance the 2026 budget and beyond.

“Ukraine continues to meet all its obligations, maintaining macro-financial stability even in wartime conditions. However, the needs remain significant. To ensure the sustainability of public finances in 2026–2027, it is necessary to mobilize additional resources, particularly through the use of frozen russian assets. We are already working with our partners to make this possible,” said Minister of Finance Sergii Marchenko.

The Ministry of Finance team is working with partner governments to agree on all details and launch the Reparations Loan mechanism, which provides for the use of frozen russian assets to raise funds for Ukraine’s priority needs. Sergii Marchenko stressed that a political agreement on the use of these assets must be reached soon.

Active work is also underway with the IMF to develop a new cooperation program. The key objective is to design a program that reflects Ukraine’s current and medium-term priorities. It will include measures aimed at maintaining stability, financing critical expenditures, and restoring debt sustainability.