"The central theme of the meeting was ensuring international financing of Ukraine's state budget in 2027… According to the IMF's baseline scenario, which envisages the continuation of the full-scale war throughout 2027, Ukraine's external financing need is $52.6 billion, of which $32.6 billion currently remain unfunded," the Ministry of Finance noted.
According to the release, Ukraine counts on the EU to cover two-thirds of its 2027 financial needs, continues work with other donors, and also advocates the use of frozen Russian assets and the development of financing mechanisms that will not increase the state debt.
The Ministry of Finance reported without details that the IMF, the European Commission, the World Bank and other partners presented the current status of work on attracting additional resources, and the parties agreed to strengthen coordination to cover Ukraine's unfunded budget needs as soon as possible.
In addition, the meeting participants discussed Ukraine's implementation of commitments under the EU, IMF and World Bank support programs, as well as further reform priorities. Finance Minister Serhiy Marchenko emphasized that despite the war, Ukraine continues to implement the reforms necessary for European integration, in particular the Verkhovna Rada on Tuesday supported in the first reading two interrelated draft laws necessary for Ukraine's accession to the Single Euro Payments Area (SEPA).
Separately, the conclusions of the European Commission's Report on Ukraine's progress for 2026, further harmonization of legislation with EU law and improvement of the business climate were considered. According to the European Commission's assessment, Ukraine achieved good annual progress in two key areas of the Ministry of Finance's work – taxation and the customs union.
The meeting participants also paid attention to the impact of Russian attacks on the Ukrainian economy. In particular, they discussed support for enterprises, protection of transport and export infrastructure, restoration of energy facilities and ensuring the stable operation of critical services, the Ministry of Finance noted. Preparation for winter remains a priority, above all support for the energy sector and frontline communities. Partners agreed to strengthen coordination of assistance and accelerate its provision to affected regions and enterprises.
The next meeting of the Steering Committee of the Ukraine Donor Platform will take place in January 2027 on the sidelines of URC 2027.
The Ministry of Finance clarified that the meeting in Lviv on Tuesday was opened by Prime Minister Serhiy Koretskyi, chaired by the Platform's co-chair from Ukraine, Finance Minister Marchenko, and in total more than 100 representatives of partner countries and international financial organizations took part in it.
The Ukraine Donor Platform is a key mechanism for coordinating international support for Ukraine. It brings together Ukraine, the G7 countries, the EU, other international partners and financial organizations to meet budget needs, support reforms and long-term recovery. To date, the Platform already has 25 participants, including countries that are permanent and temporary members or temporary observers, as well as 8 international organizations.