Ukraine has received $31B in international aid this year and hopes to receive more help.

Monday, September 25, 2023
Ukraine has received $31B in international aid this year and hopes to receive more help.

As Deputy Minister of Economy Denys Uliutin stated at the regional economic forum, with these funds Ukraine can finance basic needs, especially non-military, and in particular, the remuneration of civil servants working in the medical and educational spheres.

Prime Minister of Ukraine Denys Shmyhal announced that the steering committee’s next meeting of the Multilateral Coordination Platform of Donors for Ukraine will be held on September 26. This is a platform dedicated to Ukraine’s financial stability and recovery. The steering committee includes allies of Ukraine from the G7 countries and the EU.

The Prime Minister said that the critical issues on the agenda will be:

  1. help with financing the budget deficit, particularly the need for $42B in support
  2. 2024’s rapid recovery needs, amounting to $15B.
  3. the possibility of forming a single map of reforms, that is, bringing the requirements for obtaining financial assistance from various donors to a single instrument and reform plan for Ukraine, which the country will implement on its way to EU membership

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