The International Monetary Fund (IMF) projects Ukraine's need for international financial support at $65 billion for the period of 2026-2029, significantly higher than previous government estimates.

This was reported by the head of the Budget Committee of the Verkhovna Rada, Roksolana Pidlasa, after a briefing with the IMF's permanent representative in Ukraine, Priscilla Toffano, for economic advisors of EU member states' embassies.

“The IMF thinks in medium-term categories. The new cooperation program with the IMF will span four years, and indeed, the IMF preliminarily assesses Ukraine's unmet need for international funding at $65 billion,” Pidlasa stated.

She explained that this funding gap is unevenly distributed across the four years, with the lowest agreements for international support currently in 2027.

Meanwhile, starting in 2028, the European Commission plans to allocate €100 billion for Ukraine in the seven-year EU budget, which is already counted as part of the agreed financing.

Pidlasa reminded that a few months ago, the government estimated the lack of international support for only two years at $37.4 billion. However, these figures had to be revised due to an increase in the deficit specifically in 2026.

According to her, a key factor in assessing the need for external budget funding is the assumption regarding the duration of the war and related defense expenditures.

“Predicting the security situation in 2027 is possible, but in my opinion, it is purely theoretical. Therefore, in discussions with international partners, it is important to show a medium-term perspective, but we must focus on the most urgent task - covering the $18.1 billion we lack for 2026,” Pidlasa emphasized.