By the end of the year, Ukraine expects to receive another $12 to 16B from the West.

Tuesday, August 16, 2022
By the end of the year, Ukraine expects to receive another $12 to 16B from the West.

Since the beginning of the war, foreign partners have already provided Ukraine with $14B. The Finance Ministry expects to receive another $12 to 16B by the end of the year, said Finance Minister Serhiy Marchenko. “The amount of aid depends on the success of the negotiations; it can be up to $30B, including the money we have received since the start of the war. We have already received $14B, so, by the end of the year, we might receive another $12 to 16B,” Marchenko said. According to the minister, the government expects to receive additional macro-financial support from the EU in September. However, he noted that not all of the promised €8B will arrive in September, as several tranches are expected.

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