Thursday26 December 2024
vsedelo.com

Ukraine expects to receive approximately $8.5 billion in international aid, according to the head of the National Bank of Ukraine.

In December of this year, Ukraine is expecting to receive approximately $8.5 billion in international funding from its partners, announced Andriy Pyshnyy, the head of the National Bank of Ukraine (NBU), during a briefing in Kyiv on Thursday.
Глава НБУ сообщил, что Украина ожидает получить примерно $8,5 млрд международной поддержки.

In December of this year, Ukraine is expecting to receive approximately $8.5 billion in international funding from its partners, as reported by the head of the National Bank of Ukraine (NBU), Andriy Pyshny, during a briefing in Kyiv on Thursday.

As clarified by NBU Deputy Head Serhiy Nikolaychuk, this includes funds from the European Union under the Ukraine Facility program – just over EUR 4 billion, along with the seventh tranche of the International Monetary Fund (IMF) loan amounting to $1.1 billion under the Extended Fund Facility (EFF) program.

According to him, funds from the G7 to allocate $50 billion to Ukraine from the income generated by frozen Russian assets (ERA) will start arriving at the beginning of next year and will constitute a significant portion of the expected external financing of $38 billion for 2025, as projected by the NBU.

According to the Ministry of Finance, the total financing for the state budget's general fund in 2024 is estimated at $47.3 billion, of which $14.9 billion will come from the issuance of domestic government bonds, while the remaining funds will be sourced externally. It is noted that this amount includes $9.2 billion in grants.

Overall, from 2022 to 2024, the funding from international partners reached $106.0 billion, the Ministry of Finance indicated.