Sergii Marchenko discussed Ukraine’s 2026 budget support with Minister for Foreign Trade and Development of the Netherlands
Today Ukraine’s Minister of Finance Sergii Marchenko met with the Minister for Foreign Trade and Development of the Kingdom of the Netherlands, Aukje de Vries.
During the meeting, the parties discussed the state of Ukraine’s public finances and the priorities for budget financing in 2026. Special attention was given to the energy sector situation, caused by russian attacks on Ukraine’s energy infrastructure.
The meeting was also attended by Deputy Ministers of Finance Olga Zykova and Oleksandr Kava, as well as the Ambassador Extraordinary and Plenipotentiary of the Kingdom of the Netherlands to Ukraine Alle Dorhout.
Sergii Marchenko briefed the Dutch side on the key challenges facing the State Budget amid the full-scale war and emphasized the critical role of external financing in maintaining Ukraine’s macro-financial stability.
According to the Kiel Institute for the World Economy, as of December 2025, the total Dutch assistance to Ukraine amounted to approximately EUR 10.05 billion, representing 1.13% of the Netherlands’ GDP (ranking 7th in the world by absolute assistance).
“The Government of Ukraine highly values the Kingdom of the Netherlands’ support in safeguarding Ukraine’s financial resilience through the Ukraine Facility and ERA loans mechanisms. External budgetary support will remain essential in 2026 and beyond to maintain budget liquidity. I also appreciate this visit to Kyiv, which sends an important signal of Dutch solidarity with Ukraine in these challenging times,” emphasized Minister of Finance Sergii Marchenko.
According to the Minister, the key pillars of Ukraine’s macro-financial stability in 2026 will continue to be the Ukraine Facility, the ERA loans funded through revenues from frozen russian assets, and the European Commission’s initiative to launch a new financial instrument of up to EUR 90 billion for 2026–2027, officially presented on January 14, 2026. The Government of Ukraine counts on the active support of the Netherlands in discussing and agreeing on the final parameters of this instrument in the EU Council and the European Parliament.