Ukraine Donor Platform holds 16th Steering Committee – Kyiv, Ukraine

The Ukraine Donor Platform held its 16th Steering Committee on 24-25 March 2026 in Kyiv, attended by senior Government of Ukraine representatives, Platform members, observers and international financial institutions. In the margins of the meeting, members also exchanged views with senior business representatives and civil society organisations on support for Ukraine's resilience, recovery and reconstruction.

Steering Committee Meeting

This Steering Committee was opened by Yuliia Svyrydenko, Prime Minister of Ukraine, and chaired by Minister of Finance Sergii Marchenko. Key topics were Ukraine's macroeconomic outlook, reform progress and recovery priorities, and ways to mobilise additional international support and further strengthen coordination among partners.

The latest data reported by donors to the Platform Secretariat shows that their cumulative economic support commitments - including both already received and future support, as well as funds for recovery and reconstruction - have now reached USD 264.8 billion. In terms of budgetary support, between February 2022 and December 2025, Ukraine received over USD 167 billion from Platform members, observers, and participants. Against this backdrop, the Steering Committee discussed the latest assessment of Ukraine's external financing needs for 2026 and 2027. The Government of Ukraine outlined its Financing Strategy, including an overview of spending plans, domestic revenue forecasts and remaining budget financing gap. In the most recent International Monetary Fund (IMF) report of February 2026, total external financing needs were projected to be close to USD 52 billion in 2026 (including over USD 5 billion disbursed as of beginning of March 2026) and around USD 43 billion in 2027.

Partners shared updates on ongoing financial support. The IMF briefed members on developments related to its Extended Fund Facility programme, while the European Commission provided an update on the Ukraine Support Loan. Members discussed next steps to address the remaining financing gap and ensure predictable and sustainable budget support for Ukraine in the coming years.

The Government of Ukraine updated donors on progress in adopting and implementing key reforms, including measures taken since the 15^th Steering Committee in November 2025 on anti-corruption, governance of state-owned enterprises, rule of law and regulatory changes to improve the investment climate. The Commission shared its assessment of Ukraine's progress with reforms linked to the Ukraine Plan and to Ukraine's EU accession process.

Partners discussed how to maintain and where necessary step up momentum on reforms, while supporting Ukraine's recovery and reconstruction efforts, highlighting the importance of continued progress despite the challenges posed by Russia's ongoing war of aggression.

The Steering Committee reviewed Ukraine's priority recovery and reconstruction investment needs, including those identified in the fifth Rapid Damage and Needs Assessment(RDNA5) published in February 2025. Members underlined the importance of the ongoing Public Investment Management reform and welcomed work by International Financial Institutions to develop recommendations to boost project implementation, strengthening Ukraine's capacity to absorb international support.

Based on the analysis of the latest donor data collection, the Steering Committee endorsed recommendations to sustain and optimise funding and enhance transparency and coordination.

Ukraine has emerged from a harsh winter marked by relentless Russian attacks on energy infrastructure, which caused severe suffering among the civilian population. Against this backdrop, the Steering Committee discussed the Government's planned priority actions ahead of the next winter, including energy infrastructure repairs and system protection measures. Members reiterated their commitment to continue supporting Ukraine to increase its preparedness and resilience.

The Steering Committee held a first dedicated discussion on the social dimensions of recovery. The session aimed to build consensus on how the Platform can best support a whole-of-government approach led by the Government of Ukraine, working closely with existing in-country coordination structures. Participants discussed how international partners can support efforts to address workforce challenges, strengthen social services and support communities most affected by the war.

The Steering Committee also discussed preparations for the Ukraine Recovery Conference (URC 2026), which will take place on 25-26 June 2026 in Gdansk, Poland. Participants underlined the importance of ensuring the Conference delivers concrete outcomes, including investment mobilisation, private sector engagement and strengthened international recovery support.

Members reiterated the importance of continued international coordination through the Platform to ensure that support remains aligned with Ukraine's priorities and effectively contributes to its recovery and long-term development.

The next Steering Committee meeting will take place on the margins of URC 2026.

Private sector sessions, including Business Advisory Council meetings

The Steering Committee also held a dedicated session on mobilising private capital for Ukraine's recovery and reconstruction, chaired by Oleksii Sobolev, Minister of Economy, Environment and Agriculture of Ukraine. The meeting took place on the occasion of the first mission of the Business Advisory Council (BAC) to Kyiv with several BAC representatives joining the session in person. The Government presented updates on the development of de-risking instruments, investment support mechanisms and funding initiatives aimed at attracting private capital. BAC members updated the Steering Committee on the development of their workplan. Members also exchanged views with the heads of major Ukrainian companies on how to overcome the challenges of investing in wartime conditions and potential solutions to improve the investment environment.

Civil Society Dialogue

Platform members also participated in a joint event with Ukrainian civil society organisations on social recovery. Discussions focused on: strengthening regional and local capacity to deliver services and implement recovery investments; fostering community cohesion and the integration of internally displaced persons; improving links between healthcare and social support systems, including support for caregivers; addressing demographic challenges through youth engagement, education and training; preparing for the return and reintegration of Ukrainian refugees living abroad; and supporting veterans, including in areas such as healthcare, employment, housing and social reintegration.