Ukraine is set to receive €140 billion from Russian assets to cover budget needs and military expenses. The EU's reparations loan will unlock €40 billion from an uncovered need of $60 billion. Vladislav Rashkovan, Deputy Executive Director of the IMF from Ukraine, stated that this will address financial issues for 2026-2027.
Currently, EU member states are expected to provide guarantees to the European Commission in case of potential claims from Russia, to start using this instrument in 2026. A political decision on the allocation of the loan will be considered at this week's meeting of European Union leaders.
According to the IMF, Ukraine needs $60 billion in external financing. Part of this amount will be covered by the IMF and the reparations loan, but an additional $6-7 billion still needs to be found. Financing options are also being considered from Japan and the USA.
The EU will allocate €140 billion from Russian assets to Ukraine: what the funds will be used for
З Європейського Союзу надійдуть 140 мільярдів євро з російських активів для підтримки України: як ці кошти вплинуть на розвиток країни.