Ukraine attracts $2.4B in grant aid through World Bank's trust fund over past three years

The Ministry of Finance of Ukraine stated this following a meeting of the URTF Partnership Council held in Washington as part of the IMF and World Bank Annual Meetings, Ukrinform reports.

As of October 2025, the World Bank, through the URTF, has mobilized donated financial resources totaling $2.4 billion to support Ukraine, of which $1.4 billion has already been disbursed as grants. The funds are being provided through 12 World Bank projects: Peace, Repower, Relinc, Hope, Heal, Arise, Rise, Thrive, Learn, Surge, Drive, and Prepare PPF.

In 2025 alone, an additional $182 million in grant funding was mobilized under three ongoing projects (Repower, Heal, and Arise), as well as $54.3 million for new projects (Drive and Prepare PPF).

According to Deputy Minister of Finance Olga Zykova, the URTF's support remains a critically important instrument for Ukraine, as it helps to implement recovery projects, support vulnerable groups, and advance reforms aligning Ukraine's systems with EU standards.

URTF grant financing is directed to ensure sustainable healthcare services, restore homes damaged by russian attacks, provide power supply, and assist farmers.

Additionally, URTF has also played a vital role in supporting public investment management reform by providing early-stage technical assistance and contributing to reforms in education, finance, transport, healthcare, SME support, and fiscal management through the Program-for-Results (PforR) instrument.

Overall, URTF-supported projects have already reached millions of Ukrainians: around 111,000 households compensated for home repairs, 3.5 million people regained electricity supply, and 13 million Ukrainians were provided with social assistance.

During the meeting, Zykova emphasized the need to strengthen partner support to ensure the resilience of Ukraine's energy sector, especially amidst intensified Russian attacks on energy infrastructure.

As Ukrinform reported, the Governor of the National Bank of Ukraine, Andriy Pyshnyy, had a discussion with World Bank leaders about the support for Ukraine's energy sector amid increased shelling and the terms of a new loan under the Development Policy Operation agreement.

Photo: worldbank.org