Ukraine received additional funding for investment projects, backed by the European Union’s €50 billion ($58 billion) Ukraine Facility – key initiative to finance Ukraine’s recovery amidst Russia’s full-scale invasion during 2024-2027.
Ukraine’s Ministry of Finance reported that international financial institutions (IFIs) approved additional financing for projects under the Ukraine Investment Framework (UIF) – a key investment pillar of the EU’s macrofinancial package.
JOIN US ON TELEGRAM
Follow our coverage of the war on the @Kyivpost_official.
The decision was endorsed by representatives of the European Commission, European Investment Bank (EIB), European Bank for Reconstruction and Development (EBRD), International Finance Corporation (IFC), Polish Development Bank (BGK), Germany’s KfW, and the World Bank.
Deputy Minister of Finance Olha Zykova participated online in the fifth meeting of the UIF Steering Committee, which coordinates financing for Ukraine’s reconstruction, the Ministry of Finance reported.
Zykova emphasized the importance of using EU guarantee mechanisms instead of state guarantees to avoid new fiscal risks for Ukraine’s budget.
“For Ukraine, it is crucial not only to attract resources but also to build reliable mechanisms for their effective use,” the press release quoted Zykova. “Each project must remain financially sustainable in the long term and not create excessive pressure on the state budget.”
Other Topics of Interest
Russian Assets: EU Commission to Examine the Options
Negotiations among EU leaders on using frozen Russian assets to support Ukraine have produced a compromise. The EU Commission has been instructed to examine the options and draw up a legal proposal.
New tranches for World Bank and EIB projects
The committee approved new grant and loan financing under EU guarantees for several projects, including:
- World Bank programs in agriculture (ARISE), transport (RELINC), and healthcare (HEAL);
- EIB projects for social housing construction (Ukraine Social Housing, Tranche 1), water-supply restoration (Ukraine Water Recovery Project), and an emergency gas-purchase scheme supported by a Norwegian government grant.
Ukraine’s proposal – Food4Impact
Ukraine also presented its own initiative – the Food4Impact (F4i) project – aimed at restoring and developing the agricultural sector severely affected by the war. The program will provide financing to agribusinesses, banks, and trade-finance institutions to strengthen food security and support Ukraine’s economic recovery through deeper integration with EU markets.
What is the Ukraine Investment Framework?
The Ukraine Investment Framework is a coordinated investment tool (Pillar 2 of the Ukraine Facility) that blends public and private resources with EU guarantee instruments to create sustainable financing conditions for Ukraine’s reconstruction.
As of July 2025, the total committed funding under the UIF reached €9.4 billion ($10.9 billion), including €1.6 billion ($1.9 billion) in grants. Ukraine has already received €6.2 billion ($7.2 billion), and nearly €2.5 billion ($2.9 billion) is planned for 2026–2027 project implementation.
The majority of UIF resources are directed toward energy (40%), transport (9%), social housing (6%), water infrastructure (5%), and digital infrastructure (3%).
