In September, Ukraine received only €10M in foreign aid. How was the budget affected?

In September, Ukraine received the smallest amount of aid from its international partners since the full-scale war began, a €10M loan from the EBRD, after significant receipts in August ($8.5B). Before that, the next lowest monthly total was May 2024, when Ukraine received only a $20M loan from the World Bank, according to the Center for Economic Strategy (CES) tracker.

Foreign aid covered only 69% of the state budget’s additional financing needs for the first nine months of the year. The budget deficit decreased to $3B from $3.5B in August 2024.

It is still unclear what will come of the $3.9B grant from the US, which was supposed to arrive by the end of the American budget year (September 30), but has not yet been received, the CES noted.

Ukraine has received $24.5B in aid from international partners since the beginning of 2024. Most contributions came from the EU through grants and loans totaling $13B.