L o a d i n g . . .

Forecast of International Financial Assistance to Ukraine for 2026-2029

The International Monetary Fund has preliminarily assessed Ukraine's requirement for international financing at $65 billion for the years 2026-2029, which is double the previous government estimates.

This was stated by the head of the Verkhovna Rada Budget Committee, Roksolana Pidlasa, following a briefing with the IMF's permanent representative in Ukraine, Priscilla Toffano, for economic advisers of EU member states' embassies regarding the 2026 budget.

"The IMF thinks in terms of the medium term. The new cooperation program with the IMF will be designed for four years - from 2026 to 2029. Indeed, the IMF preliminarily estimates Ukraine's unmet need for international funding over these four years at $65 billion," Pidlasa noted.

She explained that this financing gap is unevenly distributed over the four years, as currently for 2027, Ukraine has the least agreements regarding international support.

At the same time, starting in 2028, the European Commission plans to allocate €100 billion for Ukraine in its seven-year budget, which is already counted as part of the agreed financing.

Pidlasa reminded that a few months ago, the government estimated the lack of international support for only two years at $37.4 billion. However, these figures had to be revised due to an increase in the deficit specifically in 2026.

According to her, a key factor in assessing the need for external budget financing is the assumptions about the duration of the war and corresponding defense expenditures.

"Predicting the security situation in 2027 is possible, but in my opinion, it's purely a theoretical matter. Therefore, in communication with international partners, it is important to show a medium-term perspective, but we need to focus on the most urgent task - to cover the $18.1 billion we lack for 2026," Pidlasa emphasized.