“In total, $115B has been attracted from partners since the beginning of the war,” said Prime Minister Denys Shmyhal.
The EU, the US, Japan, the IMF, Canada, and the World Bank provided the most support. According to the prime minister, Ukraine fulfilled all of its commitments to reform and successfully continued the Ukraine Facility program, initiated by the EU. Therefore, it expects to receive €12B this year. In addition, it is expected to receive four tranches from the IMF, totaling over $2.5B. Ukraine will also receive $50B secured by profits from frozen Russian assets.
“The US has already transferred the first billion. There is also an agreement signed between the World Bank and the Ukrainian Ministry of Finance to ensure further receipts from American partners. There are agreements with the EU, Great Britain, Canada, and Japan,” Shmyhal noted.
One of this year’s key tasks, he called further development of a mechanism by which all frozen Russian assets will be directed to Ukraine’s stability and restoration.