The EU plans to allocate over €30 billion for Ukraine's 2025 budget, according to the Ministry of Finance.

The European Union has allocated €30.6 billion in budget support for Ukraine. These funds will be directed to meet the needs of the state budget in 2025 and 2026.

This was reported by the Ministry of Finance of Ukraine.

It is specified that €18.1 billion from this amount will be allocated under the G7 ERA initiative from revenues generated by frozen Russian assets. The remaining €12.5 billion will come from the Ukraine Facility instrument.

Finance Minister Serhiy Marchenko, speaking at a meeting of the EU Council on Economic and Financial Affairs (ECOFIN), noted that the EU has been the largest donor of direct budget support since February 2022. According to him, during this period, the European Union has directed approximately €45 billion to finance priority state budget expenditures.

“In 2024, EU budget assistance will account for over 40% of all external revenues – €16.1 billion. Importantly, this assistance includes €3 billion in the form of grants. The remainder consists of concessional loans,” Marchenko explained.

The head of the ministry urged partners to strengthen sanctions against Russia to deprive it of resources for financing the war against Ukraine. In his opinion, it is necessary to close loopholes for circumventing existing sanctions.

“The European Union continues to provide systematic support to Ukraine, including military and humanitarian assistance, as well as implementing strict sanctions against Russia,” he concluded.

Background. Earlier, Mind reported that Ukraine’s state budget in 2024 lost 61 billion from VAT. It is noted that most key taxes for 2024 were not fulfilled.

In 2024, Ukrainians invested a record amount in government bonds. This is more than 11% higher than in 2023.