07-10-2026

Lithuania allocates another EUR 15 million to Ukraine through international financial institutions

At today’s Government meeting a decision was made to provide EUR 15 million in support to Ukraine through two international financial institutions. EUR 10 million will be channelled through the Special Programme for Ukraine Recovery 2.0 (SPUR 2.0) of the International Development Association's Crisis Facility, part of the World Bank Group, with EUR 5 million channelled through the EU for Ukraine Fund (EU4U) set up by the European Investment Bank (EIB). 

“Ukrainians are fighting today not only for their own freedom, but for the freedom of all of us. Continuous and timely support is the least we must do today. It is our duty to ensure that Ukraine has everything it needs both to achieve victory and to rebuild the country," Minister of Finance Taurimas Valys said.

According to the Minister, Ukraine's financial needs and the international community's support for the country will be one of the most important topics at the annual meetings of the World Bank and the International Monetary Fund next week.

On 23 June 2026, the World Bank’s Board of Governors adopted a resolution establishing the International Development Association’s Crisis Facility Special Programme for the Reconstruction of Ukraine 2.0 (SPUR 2.0). This is the second such programme to mobilise support for Ukraine. In 2023, Lithuania contributed EUR 10 million to SPUR. In August this year, a request was received from Minister of Finance of Ukraine S. Marchenko to consider the possibility for Lithuania to contribute to this programme again. 

As a result of the leverage effect, donor countries would be able to lend 3 times as much to Ukraine (i.e. donor countries would provide USD 2 billion to lend USD 6 billion to Ukraine on favourable terms). In addition, SPUR 2.0 Private Sector Programme would be established to boost investment and economic recovery in Ukraine. 

 The European Investment Bank's EU4U fund finances major infrastructure reconstruction and economic resilience projects in Ukraine. Lithuania allocates an additional EUR 5 million to this fund. As early as 16 July, the European Investment Bank asked member countries to contribute to the EU4U fund, as the funds received so far for projects in Ukraine have been almost exhausted. In 2023, Lithuania allocated EUR 10 million to the fund. 

Since the beginning of the war, the Ministry of Finance has already allocated over EUR 93 million in support for Ukraine through international financial institutions and EU instruments, and EUR 26 million on a bilateral basis.