Ukraine received $13.6 billion with the help of frozen Russian assets

Ukraine received $13.6 billion with the help of frozen Russian assets

Finance Minister Serhiy Marchenko reported that Ukraine has already received $13.6 billion as part of the Extraordinary Revenue Acceleration for Ukraine (ERA) mechanism. This financing is provided by the proceeds from frozen Russian assets.

This was reported by the press service of the Ministry of Finance. "The support of the G7 countries and the EU is critically important for the financial stability of Ukraine. Since the beginning of the full-scale invasion, external financing has exceeded $132 billion from all key partners. This is a significant contribution to our ability to withstand aggression. The aid includes not only budgetary support but also military, humanitarian aid, and sanctions pressure on the aggressor state," Marchenko emphasized.

In the first quarter of 2025, domestic revenues of the state budget exceeded the planned target and increased by $1 billion compared to the same period in 2024. The volume of external financing since the beginning of the year has already reached $16.8 billion, providing support for budget liquidity and financial system stability," noted Serhiy Marchenko.

At the same time, he emphasized that the total volume of required international financial support in 2025 amounts to $39.3 billion. "Thanks to the ERA mechanism, we have predictability in financing the key budget expenditures of 2025, including social programs and recovery. Part of these funds, provided by the United Kingdom and the EU, can also be allocated for military needs," Marchenko stated.

Let us remind that more than $49 billion is earmarked for the security and defence sector in 2025, accounting for 26.3% of GDP.