Ukraine is considering the possibility of attracting frozen Russian assets to cover the external financing gap, which in 2026-2027 could reach about $60 billion. This was announced by Finance Minister Serhiy Marchenko during the eighth meeting of the Ministerial Roundtable in Support of Ukraine, which took place on October 15 in Washington.

The head of the Ministry of Finance emphasized that despite the full-scale war, Ukraine continues to faithfully fulfill all its financial obligations and maintains macro-financial stability. At the same time, according to him, even under conditions of responsible budget policy, the volume of international support remains critically important for ensuring the sustainability of public finances in the coming years.

Marchenko emphasized that Ukraine already needs to create new financing mechanisms, in particular through the use of frozen Russian assets. He noted that this approach will allow balancing the budget for 2026 and ensuring financial stability in the medium term.

“To maintain the sustainability of public finances in 2026–2027, it is necessary to mobilize additional resources. One of the ways is to use frozen Russian assets. We are already working with international partners to make this a reality,” the minister noted.

According to Marchenko, the Ministry of Finance, together with the governments of partner countries, is working out the details of launching the so-called “reparation loan” mechanism. This involves the possibility of using Russian assets frozen in Western countries to obtain funds that will be directed to Ukraine’s priority needs — from financing critical infrastructure to social payments.

The minister emphasized that it is necessary to reach a political decision on this mechanism in the near future. In parallel, active cooperation with the International Monetary Fund continues on the preparation of a new support program.

The new program with the IMF, according to Marchenko, should best reflect the current and medium-term priorities of Ukraine's economic policy. It will include measures to maintain financial stability, cover critical expenditures, and ensure the sustainability of the state debt.

The total need for external financing for the four-year program of cooperation with the IMF, according to the Minister of Finance, is from 150 to 170 billion US dollars. The implementation of such a package, with the support of partners and through the use of frozen assets of the Russian Federation, should be a key step for long-term financial stability and economic recovery of Ukraine.