Minister of Finance Serhiy Marchenko announced during the Spring Meetings of the IMF and the World Bank that Ukraine has already attracted about 90% of the funds within the ERA Loans mechanism - approximately $45 billion. This was reported by the ministry's press service, writes UNN.
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According to him, this money comes from the proceeds of frozen Russian assets. Kyiv expects that partners will accelerate the creation of a mechanism that will allow the assets of the Russian Federation themselves to be directed to Ukraine's needs.
Meetings with representatives of the IMF, the European Commission, and the governments of partner countries discussed financing for 2026 and the progress of reforms. The IMF program provides for $8.1 billion for 2026–2029.
The Ministry of Finance also reported that state budget revenues in the first quarter of 2026 exceeded $17 billion. At the same time, expenditures on the security and defense sector amount to more than $61.4 billion, or 68% of the budget.
According to Marchenko, the EU plans to provide Ukraine with credit support of €90 billion in 2026–2027. These funds are intended to cover part of the budget needs in the next two years.