Since the war began, Ukraine has managed to collect about $32B in macro-financial aid.

Monday, December 26, 2022
Since the war began, Ukraine has managed to collect about $32B in macro-financial aid.

According to Prime Minister Denys Shmyhal, Ukraine needs $38B next year to cover the budget deficit and another $17B to implement rapid reconstruction projects. He added that the EU promised €18B in macro-financial aid, and the US will allocate €13B. Also, the start of the IMF program to finance Ukraine is expected by the end of the first quarter. Attracting macro-financial aid is one of the main directions of diplomatic work to strengthen Ukraine’s internal capacity, the Prime Minister of Ukraine added. Shmyhal also emphasized the need to create the diplomatic corps to expand Ukrainian exports, which have decreased by more than 30% this year. He believes that it is necessary to strengthen work on traditional export markets and to expand the geography of trade and economic cooperation with the countries of the African region and Latin America.

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