The amount of international financial aid that Ukraine has received this year will exceed $45B, but in the next two years it will gradually decrease to $38.5B and $25B, respectively, the NBU predicts.
At the same time, Ukraine’s fulfillment of its obligations and continued active cooperation with the IMF and other partners will remain critically important for receiving aid. In addition, as security risks decrease and economic recovery accelerates, the focus for international aid will shift from supporting macroeconomic stability to rebuilding and reforming the country.
For 10 months of the year, the volume of external financing exceeded $35B ($3.4B per month). However, the government needs to attract another $9-9.5B to fund the budget. The five largest creditors (96% of all external financing) are the EU – $16.25B, the US – $10.9B, the IMF – $3.56B, Canada – $1.76B, and Japan – $1.5B. Loans account for 68.7% of all international financing and grants – 31.3%.