URTF Trust Fund: 2025 Performance Review
The World Bank and Ukraine's Ministry of Finance have concluded their review of the Ukraine Relief, Recovery, Reconstruction, and Reform Trust Fund (URTF) for 2025. Established in 2022, the fund has mobilized over $2.8 billion in donor contributions to support Ukraine. A recent meeting focused on the results achieved, current financial needs, and priorities for future collaboration. This fund is a critical multilateral mechanism for channeling international aid into Ukraine's immediate and long-term recovery efforts.
Meeting Highlights and Fund Impact
The meeting was co-chaired by Deputy Minister of Finance of Ukraine, Olha Zykova, and World Bank Regional Country Director for Eastern Europe, Bob Some. Representatives from World Bank project teams and donor countries also participated. Olha Zykova emphasized:
“The URTF aligns international support with Ukraine's national recovery priorities. Together, we are not only responding to the challenges of war but also laying the foundation for building a resilient, modern, and European Ukraine.”
Key achievements of the fund to date include:
- Nearly 12.8 million people received medical check-ups;
- Over 13 million people received social payments on time;
- Electricity supply was restored for 3.5 million people;
- Heating supply was restored for 1.5 million people;
- Almost 139,000 households received compensation for housing repairs;
- 87,000 agricultural producers received support;
- Nearly 400,000 schoolchildren received new textbooks for grades 7 and 8, aligned with the standards of the New Ukrainian School.
These outcomes underscore the vital role of international support and the effectiveness of collaborative efforts in Ukraine's recovery under extremely challenging conditions. The ongoing work of the URTF is poised to be a key factor in ensuring the country's stability and growth, as rebuilding infrastructure and social services is critical both during the war and in the post-war period. Cooperation with international partners enables Ukraine to access the necessary resources to overcome the immense challenges it faces.
As the Ukraine Recovery Fund continues to make significant strides in supporting the nation's recovery, it is important to note that additional financial resources are also being mobilized. Recently, the IMF has approved substantial funding aimed at bolstering Ukraine's reconstruction efforts. This collaborative approach among international entities highlights the comprehensive strategy needed to address the ongoing challenges faced by the country.