On 2 April, the 13th meeting of the Steering Committee of the Ukraine Donor Platform took place, which was established to coordinate international assistance and address the immediate needs and long-term recovery of Ukraine.
The meeting discussed with partners the important tasks of the Platform, including Ukraine’s budgetary needs for 2025 and 2026, reform progress, recovery progress and needs, support for the private sector, and preparations for the Ukraine Recovery Conference to be held in Rome in July.
The event was attended by Prime Minister of Ukraine Denys Shmyhal, Ukrainian Co-Chair of the Platform and Minister of Finance Sergii Marchenko, Deputy Prime Minister for Restoration and Minister for Communities and Territories Development Oleksii Kuleba, First Deputy Minister of Economy Oleksii Sobolev, Director-General for Enlargement and Eastern Neighbourhood Gert Jan Koopman from the European Commission, Acting Coordinator of US Assistance to Europe, Eurasia, and Central Asia at the US Department of State Christopher Bergaust, as well as representatives of the G7 countries, the European Commission, and international financial institutions.
Opening the meeting, Prime Minister Denys Shmyhal thanked the partners for their unwavering support of Ukraine on its path to a just and lasting peace and during its recovery.
“This year, we see the key areas of joint work of the Ukraine Donor Platform as budget support, sustainable financing for the reconstruction of infrastructure, housing, energy, economic development and investment attraction on the way to the EU,” the Prime Minister said.
He stressed that with the support of international partners, the programme of rapid recovery in Ukraine continues to focus on five key priorities: energy, housing, critical and social infrastructure, humanitarian demining, and support for the private sector.
“In 2025, with the support of donors, the Government has allocated almost USD 7.4 billion for priority recovery. At the same time, the total funding gap for reconstruction needs in 2025 is almost USD 10 billion. Therefore, it remains extremely important to finance other critical projects,” said Denys Shmyhal.
The Co-Chair of the Platform from Ukraine, Minister of Finance Sergii Marchenko, said: “The Ministry of Finance is working diligently to mobilize domestic resources to ensure financial stability to finance the urgent needs of the security and defence sector. In 2024, tax and customs revenues increased by USD 9.4 billion compared to the previous year. The domestic borrowing market has become the second-largest source of budget financing since the full-scale invasion of Ukraine by russia. Despite these efforts, international financial support remains critical for Ukraine, ensuring priority social expenditures. This year, the need stands at USD 39.3 billion, and I am grateful to our partners for their commitment to supporting us in financing critical needs.”
Oleksii Kuleba focused on the key challenges, achievements and necessary steps to accelerate the recovery.
“Our country is unique in that it is recovering in the midst of a full-scale war. We already have more than 100,000 restored facilities across the country. Of course, this was made possible thanks to the support of international partners. But today we need to move to a new stage with clear priorities, predictable funding and simplified procedures. Needs are growing, particularly in energy, housing and logistics, and they cannot wait. People cannot wait. Ukraine invites international partners to develop concrete solutions to speed up the recovery. For our part, we have launched the Centralised Procurement Organisation. We propose to strengthen the Agency for Restoration and Infrastructure Development, which prepares and implements reconstruction projects and provides expert support at the regional and local levels, if necessary. We have to join forces to make Ukraine’s recovery faster, more transparent and more effective,” Oleksii Kuleba said.
First Deputy Minister of Economy Oleksii Sobolev emphasised: “The private sector plays a crucial role in Ukraine’s recovery and economic growth. The Government is already implementing a number of effective initiatives to support Ukrainian enterprises and foreign businesses willing to operate in our country. We now need more high-quality private projects and are working on an initiative to prepare them. We are also expanding investment protection tools and the ecosystem for attracting investments: we involve partner countries, IFIs, and private equity funds in the development of new initiatives to channel capital into priority sectors. And coordination of these efforts within the Ukraine Donor Platform is very important.”
The next meeting of the Steering Committee will be held on the sidelines of the Ukraine Recovery Conference in Rome.
Background
The Steering Committee of the Ukraine Donor Platform consists of senior officials from Ukraine, the G7 countries and the European Union. International financial institutions and organisations also participate in the Steering Committee meetings as active participants. Today, the Platform has 23 permanent and temporary members and observers, and 7 participants, including international financial institutions and the OECD.
