Ukraine

Ukraine needs $27 billion in aid to cover the budget deficit

Ukraine is counting on significant financial assistance from international partners to cover the state budget deficit, which due to the full-scale war with Russia has reached significant proportions. In general, the need for international financing for 2024, included in this year’s budget, reaches $37.2 billion.

About this reported People’s Deputy, Chairman of the Verkhovna Rada Committee on Finance, Tax and Customs Policy Danylo Hetmantsev.

The total need for external financing for 2024, included in the budget, reaches $37.2 billion. As of the end of April, Ukraine has already received $10.2 billion, which is more than a quarter of the planned amount.

Sources of received funds:

  • EU: $4.9 billion (equivalent to $4.5 billion under the Ukraine Facility)
  • Japan: $2.1 billion
  • Canada: $1.5 billion
  • IMF: $0.9 billion
  • Great Britain: $0.5 billion
  • Norway: $0.3 billion

 

 

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