In 2025, Ukraine secured $52.4 billion in external financing, over 70% of which came from revenues generated by frozen Russian assets, the Ministry of Finance reported.
“In 2025, the Ministry of Finance of Ukraine raised $52.4 billion in external financing. International support fully covered social and humanitarian expenditures, while all domestic financial resources were directed to the security and defense sector,” the statement said.
The largest portion of budget support—$37.9 billion, or over 70%—was provided under the G7 ERA Loans mechanism. These funds are repaid using revenues from frozen Russian assets, totaling $50 billion for 2025–2026.
The Ministry noted that the EU contributed its full share under the ERA Loans instrument—€18.1 billion. The remaining funds will be drawn in 2026 to cover social needs for the following year.
Additionally, $12.1 billion came from the EU under the Ukraine Facility financial instrument ($11.5 billion in loans and $668 million in grants).
In 2025, Ukraine successfully passed two reviews of the IMF’s Extended Fund Facility program, securing $912 million. Overall, $10.6 billion has been raised under this program to date.
The state budget also received $733 million from the World Bank for projects in healthcare, education, private sector support, and public finance.
Japan provided Ukraine with $453 million via three World Bank projects focused on road network resilience, infrastructure modernization, bridge restoration, public investment management systems, and strengthening private sector resilience.
The Council of Europe Development Bank contributed $232 million for ongoing support for internally displaced persons, covering housing, food, medical care, and children’s education.
“$52.4 billion represents a significant volume of international financial support. In 2025, these funds fully covered key social and humanitarian expenditures: pension payments, salaries for public sector workers, including in education and healthcare, social protection, and humanitarian programs,” commented Ukraine’s Finance Minister Serhiy Marchenko.
According to the Ministry, since the start of the full-scale war, international partners have provided Ukraine with nearly $168 billion in budgetary support.
