The NBU has improved its forecast for Ukraine’s international aid for the coming years. According to the NBU, Ukraine is expected to receive about $42B in international financing for 2024, $38B in 2025, and $25B in 2026. By the end of 2024, Ukraine will receive $4.8B under the SPUR progr... #financialaidforUkraine #G7 #nbu #SupportUkraine #UkraineBudget #worldbank
Ukraine expects to receive another $15B from its partners by the end of 2024. The Ministry of Finance of Ukraine expects to receive more than $15B in foreign aid in the last two months of 2024. During October 21-26, the ministry’s team led by Minister Serhii Marchenko hel... #financialaidforUkraine #G7 #imf #IMFtranche #LoanForUkraine #RussianAssetsProfits #SerhiyMarchenko
In 2025, Ukraine risks losing 50% of its aid from foreign partners. According to the Kiel Institute of World Economy, “Ukraine is going through uncertain times regarding further support from Western allies. A Donald Trump US presidency or the use of new lending ... #DonaldTrump #financialaidforUkraine #MilitaryAidforUkraine #SupportUkraine #UkraineBudget
The EU promises to provide Ukraine with a €35B loan by the end of the year and is looking for ways to circumvent Hungary’s veto. EU countries and the European Parliament need to quickly explore all legislative procedures so that Ukraine can receive a new €35B loan, which is the EU’s share of the G7’s proposed loan, ... #EuropeanPeaceFund #financialaidforUkraine #G7 #HungaryVeto #LoanForUkraine #MarošŠefčovič
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). Befor... #ebrd #financialaidforUkraine #UkraineBudget2024 #UkraineBudgetDeficit #worldbank
External aid to Ukraine in August exceeded the monthly state budget expenditure by 100% but only partially covered for previous financing shortfalls. According to the Center for Economic Strategy, aid from international partners amounted to $8.5B in August. In particular, $4.5B was provided by the European Union ($1.6B in grants, the rest soft loan... #BudgetDeficit #financialaidforUkraine #GrantsforUkraine #SupportUkraine #UkraineBudget2024
In August, the Ukrainian budget received $8.4B in external support, and 65% of the funds do not have to be repaid. In August, the state budget’s general fund received about $8.4B in external financing. As noted by the Ministry of Finance, $5.5B comprised grants (65%), and $2.9B arrived through preferential f... #AidforUkraine #financialaidforUkraine #UkraineBudget
What threats does the reduction of international financial aid to $21.1B in 2026 pose to Ukraine? The NBU’s basic scenario envisages the preservation of significant volumes of external financing for Ukraine, which, however, will slowly decrease as Ukraine’s ability to fund its budget e... #financialaidforUkraine #LoanForUkraine #nbu #RussianAssetsProfits #SupportUkraine #UkraineBudget
Ukraine may not be able to find an additional ₴500B for defense needs. Even with a proposed radical tax increase, Ukraine may not fully overcome the fiscal gap that must be closed for effective and timely financing of its military needs. Analysts from RRR4U think tanks h... #BudgetDeficit #DefenseSpending #financialaidforUkraine #UkraineBudget2024 #UkraineDefensePurchases
Ukraine will receive $3.9B in direct budget support from the US, said Prime Minister of Ukraine Denys Shmyhal. He expressed hope that Ukraine will be able to receive $50B in 2025 through the G7 initiative to use the profits from frozen Russian assets. In addition, ... #DenysShmyhal #financialaidforUkraine #G7 #LoansForUkraine #RussianAssetsProfits #SerhiyMarchenko #UkraineBudget2024
Japan has already provided Ukraine with $6.3B since the beginning of the invasion: The Ministry of Finance anticipates continued support. The Minister of Finance of Ukraine, Serhii Marchenko, stated: “Ukraine is systematically strengthening its financial capacity, increasing the internal revenues of the state budget. At the same t... #financialaidforUkraine #imf #Japan #SerhiyMarchenko #SupportUkraine #UkraineBudget2024 #UkraineRecovery
Ukraine has fulfilled more than 50% of the IMF’s requirements and received $10.2B from the IMF since the beginning of the war. As Minister of Finance, Serhiy Marchenko noted: “The Government of Ukraine, the National Bank of Ukraine, and other authorities have so far implemented 23 structural beacons out of 37 stipulated... #financialaidforUkraine #imf #IMFStructuralBeacons #ReformsinUkraine #SerhiyMarchenko #UkraineBudget2024
Where will Ukraine spend the $2.2B tranche recently received from the IMF? This is part of the funds provided by the $16B Extended Fund Facility (EFF) program. Prime Minister Denys Shmyhal said this will help the government finance critical budget expenditures, social assist... #DenysShmyhal #EFFprogram #financialaidforUkraine #imf #ReformsinUkraine #UkraineBudget
The state budget has received $20.2B in revenue so far this year: Where did most of these funds come from? The Ministry of Finance reported that the largest revenues were from international partners and domestic state loan bond (OVDP) issuance. External financing amounted to $13.8B, and the largest donors ... #Canada #financialaidforUkraine #Japan #UkraineBond #UkraineBudget2024 #UkraineFacility
Ukraine will receive another $2.2B from the IMF. The Board of Directors of the IMF completed the fourth review of the Extended Fund Facility for Ukraine (EFF), deciding to allocate about $2.2B to budget support. “Despite the difficult conditio... #EFFprogram #financialaidforUkraine #imf #IMFStructuralBeacons #ReformsinUkraine #UkraineEconomy
Ukraine signed a €27B loan agreement with the EU under the Ukraine Facility program. Ukraine and the European Commission have signed a credit agreement within the Ukraine Facility program, which will provide €27B in loans from 2024-2027 to finance the state budget deficit. The Nationa... #EuropeanCommission #financialaidforUkraine #LoanForUkraine #nbu #SupportUkraine #UkraineFacility
By the end of the year, Ukraine will receive at least $65B from the US, the G7, the EU, and the IMF. The Ukrainian government expects to receive $7.9B in credit support from the US, Minister of Economy Yuliya Svyrydenko said. At a meeting of the Economic and Financial Affairs Council, the EU finance ... #EFFprogram #financialaidforUkraine #imf #LoanForUkraine #RussianAssetsConfiscation #UkraineBudget2024 #UkraineFacility
By the end of the year, Ukraine needs another $9.5B for urgent recovery. According to the Ministry of Finance, Ukraine needs another $9.5B this year to finance its priority recovery needs. In particular, the money is needed for the defense industry, the energy system, rest... #financialaidforUkraine #SupportUkraine #UkraineBudget2024 #UkraineFacility #UkraineRecovery
The EU will provide Ukraine with €517M in reconstruction funding through EBRD programs. The EU will guarantee €140M for the EBRD Financial Inclusion Recovery Program. At the same time, the bloc will offer €30M in blended grants and €7M in technical assistance under the wartime SME financ... #ebrd #financialaidforUkraine #GrantsforUkraine #UkraineReconstruction #UkraineRecovery
Ukraine has finally ratified the agreement with the EU on financing under the Ukraine Facility program: it is expected to attract €1.89B in June. Ratification of the agreement will include the necessary control and audit mechanisms for the €50B instrument that is in place from 2024 through 2027, subject to the successful implementation of the P... #EuropeanIntegration #FightingCorruptioninUkraine #financialaidforUkraine #SupportUkraine #UkraineFacility
Ukraine’s state budget revenues have been decreasing for four months in a row. In May 2024, the general fund of the state budget received ₴151.8B, which is less than in February, March, and April, the Ministry of Finance notes. According to the results from the five completed mo... #financialaidforUkraine #SupportUkraine #TaxesUkraine #ukrainebonds #UkraineBudget2024 #ukrainedebt
Ukraine needs an external financing plan until 2027. To overcome macroeconomic risks and maintain macroeconomic stability, Ukraine and its partners from the Donor Coordination Platform must develop a long-term strategy for external financing and support... #financialaidforUkraine #ReformsinUkraine #UkraineBudget2024 #UkraineEconomy #UkraineRecovery
The EBRD will support Ukraine with €1.5B annual contributions until the end of the war. The European Bank for Reconstruction and Development has provided €4B in project financing across all sectors of Ukraine’s economy since the beginning of the full-scale invasion and will continu... #AnnaLebedynets #ebrd #financialaidforUkraine #InsuranceUkraine #SupportUkraine
Ukraine announces its expectations for international financial assistance for this year. Since the beginning of the full-scale war, Ukraine has attracted more than $85B in external financing, Prime Minister Denys Shmyhal said. “Over ₴1T was attracted to the budget thanks to military... #DenysShmyhal #EFFprogram #financialaidforUkraine #imf #UkraineBudget2024 #UkraineFacility
MEP: Ukraine needs another €200B in financial aid from the EU to cover all necessary expenditures. The EU should find an additional €200B to help Ukraine, as the €50B Ukraine Facility program does not solve all financing problems, said Viola von Cramon-Taubadel, a European Parliament member, during... #CompensationForUkraine #financialaidforUkraine #KyivSecurityForum #ReparationsForUkraine #ViolaVonCramonTaubadel
Foreign financial aid for Ukraine fell to $1.7B in April after record inflows in March. According to experts from the Centre for Economic Strategy (CES), after the record-high receipt of foreign aid in March ($9B), in April aid decreased to $1.7B. Ukraine received a $1.6B loan from the E... #EUloans #financialaidforUkraine #GrantForUkraine #Japan #SupportUkraine #UkraineBudget2024 #UScongress
The US and Ukraine are working on the necessary conditions for the return of economic aid. US and Ukraine are working on the provision of economic aid, US Ambassador Bridget Brink and USAID Deputy Administrator Isobel Coleman told reporters. According to the law on aid to Ukraine passed at ... #BridgetBrink #financialaidforUkraine #IsobelColeman #USAID #USaidforUkraine
How will Ukraine’s partners help it close the hole in its budget this year? According to the Ukrainian government, the need for international financing in 2024 is $37.2B. As of April 20, Ukraine has received $10.2B: $4.9B from the EU (Ukraine Facility) $2.1B from Japan... #financialaidforUkraine #imf #SupportUkraine #UkraineBudget2024 #UkraineBudgetDeficit #UkraineFacility #worldbank
IMF assistance acts as a catalyst for Ukraine’s financial support from other countries, the head of the IMF, Kristalina Georgieva, emphasized. She notes that the IMF’s 2023-2027 program with Ukraine for will provide $15.1B. However, Georgieva states the program will generate a total of $... #EFFprogram #financialaidforUkraine #imf #KristalinaGeorgieva #UkraineBudget2024 #UkraineEconomy
Ukraine’s hard currency bonds extended their losses after the US House of Representatives approved the financial and military aid package. According to Bloomberg, Ukrainian currency bonds initially jumped after the US House of Representatives approved a financial and military aid package worth nearly $61B. However, positive sentiment ero... #BondSalesUkraine #CurrencyBond #DebtRestructuring #financeUkraine #financialaidforUkraine #UkraineBond
New US aid for Ukraine includes $60.8B and the confiscation of Russian assets. According to the recently introduced bill regarding Ukraine, aid foresees allocation of $60.8B to Ukraine and regional partners counter Russia. Defense expenditures will amount to $49.9B and also cont... #ATACMS #financialaidforUkraine #JoeBiden #ReparationsForUkraine #RussianAssetsConfiscation #USaidforUkraine
Unpopular decisions must be made: How does Ukraine plan to get along without US aid? If Ukraine does not receive $11.2B in budget support from the US (as part of a $60B aid package), the consequence will be difficult, unpopular decisions by the Ukrainian government, noted the head of ... #BudgetDeficit #DanyloHetmantsev #financialaidforUkraine #hryvniadevaluation #UkraineBudget2024 #USaidforUkraine
How Ukraine’s budget was funded in March: $9B in external financing and $4B in taxes and fees. In March, the state budget’s general fund received ₴158.1B (over $4B) in taxes, fees, and mandatory payments. About ₴105.7B was received from taxes and ₴45.8B from the State Customs Service, but... #financialaidforUkraine #GrantForUkraine #imf #UkraineBudget2024 #worldbank
What should Ukraine expect from its international partners in 2024? In the first quarter of the year, Ukraine plans to receive almost $10.2B from partners, notes the Chairman of the Committee on Finance, Danylo Hetmantsev. In particular: $4.88B from the EU (Ukraine Fa... #DanyloHetmantsev #EFFprogram #financialaidforUkraine #SupportUkraine #UkraineFacility
The international financial aid deficit next year may reach $15B. As Deputy Chairman of the Finance Committee Yaroslav Zheleznyak said, the lack of financial aid from international partners next year may amount to $10-15B, and the hidden additional state budget defi... #EFFprogram #financialaidforUkraine #imf #SupportUkraine #UkraineBudget2024 #UkraineBudgetDeficit #YaroslavZhelezniak
The NBU predicts the stabilization of Ukraine’s FX market. The National Bank has reported that the upcoming arrival of international financial assistance should contribute to maintaining the stability of Ukraine’s foreign exchange market. As noted in th... #CurrencyMarket #financialaidforUkraine #nbu #UkraineBudget2024 #UkraineFacility
Denys Shmyhal and Jake Sullivan ensure the $60B US aid package will arrive within a month. Prime Minister of Ukraine Denys Shmyhal said blocked US funding could arrive as soon as this month, as the more than $60B in assistance continues to be held up by House Republicans in Washington. Acco... #DenysShmyhal #financialaidforUkraine #JakeSullivan #SupportUkraine #USaidforUkraine #UScongress
Ukraine awaits a decision on a new IMF tranche on March 21 and $10B in external financing in March-April. The National Bank assumes that Ukraine will receive over $10B in external funding in March-April. A favorable decision by the IMF board of directors will allow Ukraine to receive the fourth tranche of... #EFFprogram #financialaidforUkraine #imf #SerhiyMarchenko #UkraineFacility
S&P Global Ratings expects that Ukraine will receive the entire volume of international financial assistance in 2024. In the coming years, support will remain for Ukraine from the international community, but the amount may be lower. The Ukrainian government expects to receive $38B from all donors in 2024, including ... #financialaidforUkraine #StandartandPoor #SupportUkraine #UkraineBudget #USaidforUkraine
Due to delayed funding from its allies, Ukraine is seeking more resources and is looking for other domestic sources to finance urgent needs. All of Ukraine’s internal resources are directed to funding the army; the state has almost exhausted its possibilities for domestic revenue sources, said the head of the budget committee of the Ukrain... #financialaidforUkraine #RoksolanaPidlasa #UkraineBudget2024 #UkraineBudgetDeficit
The decision on the next IMF tranche for Ukraine will occur in the second half of March. The Executive Board of the IMF will hold a meeting on the third review of the Extended Financing Program (EFF) and the allocation of the next tranche for Ukraine in the second half of this month, said... #EFFprogram #financialaidforUkraine #imf #JuliaKozak
Ukraine receives $760M in grant funds from Japan and Norway, and the EU and Germany offer €1M in business grants. Ukraine has received $760M in grants from Japan and Norway to pay pensions and salaries to rescue workers and teachers. The money comes as part of the World Bank’s PEACE project. The government of Jap... #EU4Business #financialaidforUkraine #GrantsforUkraine #SupportUkraine #worldbank
In March, Ukraine will receive about $9B in international aid. An expert from the Center for Economic Strategy said: “The first two months of 2024 were not very fruitful for Ukraine in terms of international aid. As of February 23, we had received only $436... #EFFprogram #financialaidforUkraine #imf #SupportUkraine #UkraineBudget2024
Ukraine has come close to an agreement with the IMF on a new $900M tranche. Bloomberg reports that Ukraine has reached a deal with the IMF, though the Fund’s executive board still needs to ratify it. The agreement is the result of the ongoing discussions over the past t... #financialaidforUkraine #imf #nbu #UkraineBudget2024 #UScongress
Last year, Ukraine’s national debt increased by $33.9B, most of which was preferential financing from international partners. As specified by the Ministry of Finance, as of December 31, 2023, Ukraine’s state and state-guaranteed amounted to $145.3B, which is comprised of external debt – $101.7B (69.99% of the total amo... #financialaidforUkraine #UkraineBudget2024 #UkraineBudgetDeficit #ukrainedebt
Investment company Dragon Capital has updated its forecast for Ukraine’s economy. The growth of Ukraine’s GDP in 2024 will slow to approximately 4% from almost 6% in 2023, with an increase in inflation to 8% from 5.1% last year. At the end of the year, the exchange rate will ... #DragonCapital #financialaidforUkraine #GDPinUkraine #InflationinUkraine #TomasFiala #UkraineEconomy
Western aid to Ukraine exceeds the Marshall Plan. The head of the EBRD, Odile Renaud-Basso, in response to criticism, called the support of Ukraine from the West “huge” in terms of the share of support from GDP, and points out that it ove... #ebrd #EUbudget #financialaidforUkraine #OdileRenaudBasso #SupportUkraine #UkraineFacility
Without help from the US, Ukraine will have to expand its borrowing: What else is foreseen in Ukraine’s Plan B? Ukraine is working on a plan to cover the budget deficit without US support. The plan includes three elements: expanding domestic bond sales, raising taxes, and cutting spending. It is to be proposed ... #financialaidforUkraine #UkraineBudget2024 #UkraineBudgetDeficit #UkraineEconomy #UkraineFacility
The US Senate has been presented with a bill containing $60.1B in aid for Ukraine. The US Senate released a $118B bipartisan proposal for aid to Israel, Ukraine, and enhanced border security. The document provides the following: $60.1B —aid to Ukraine $14.1B — aid to Israel $22.2B —... #ChuckSchumer #financialaidforUkraine #MikeJohnson #UkraineBudget2024 #USaidforUkraine #USsenate
ICU analysts explain what exactly ensured the growth of Ukraine’s economy by 5% last year. Ukrainian GDP growth of almost 5% resulted from stabilization following the previous year’s drop of 29.1%, ICU group analyst Vitaly Vavryshchuk said. “Additional investments or infrastructure pr... #BlackSeaCorridor #financialaidforUkraine #ICU #UkraineBudget #UkraineEconomy #VitalyVavryshchuk
