According to preliminary estimates by the International Monetary Fund, Ukraine’s financing shortfall could reach $54 billion by 2029. The largest shortfall is expected in 2027, when Ukraine could face a funding gap of between $30 billion and $35 billion, Bloomberg reports, citing anonymous sources.
In 2028, the shortfall will be approximately $17 billion, and in 2029, $2 billion. It is important to note that these figures may change as the situation continues to evolve. The International Monetary Fund declined to comment on these forecasts.
Ukraine is actively seeking additional financial resources from its international partners to counter the Russian invasion. A donor meeting was held in Brussels on September 29 to discuss ways to accelerate negotiations on additional aid.
This year, the European Union has already approved a €90 billion (approximately $102 billion) loan package for Ukraine. However, Brussels is urging its partners to fulfill their commitments and provide an additional €30 billion for this year and next.
The European Commission and the IMF also insist that the Ukrainian government must implement its reform plan, as this will affect the receipt of international aid and the effective use of funds already provided. As the war continues, EU countries are considering various financing options, including the possibility of using frozen assets of the Central Bank of Russia.
