The scenario requires $32 billion in additional financing, which would be covered by the proposed G7 Emergency Revenue Assistance for Ukraine (ERA) initiative, using proceeds from frozen Russian assets. Of the proposed $33 billion, $19.1 billion will be needed next year, $9.2 billion in 2026, and $4.9 billion in 2027. Total official financing needs are estimated at $35.7 billion next year, $19.1 billion in 2026, and $5.4 billion in 2027. The European Union will provide $13.7 billion, $7.9 billion, and $0.6 billion, respectively, under the Ukraine facility, down from $17.5 billion this year. Th…