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 months of the year, the state budget’s general and special funds received ₴1.075T in taxes, fees, and other payments. At the same time, cash expenditures for this period amounted to ₴1.545T.

Actual state borrowing to finance the general fund of the state budget for January-May amounts to ₴612B, of which ₴189.5B was obtained from the placement of OVDP. ₴422.5B (or about $10.8B) came from external sources. Ukraine’s largest donors of budget assistance have been the EU, Japan, Canada, and the IMF. In general, since the beginning of the great war, international aid has reached $85.4 billion.

It is also reported that service for the state’s debt for the January-May period in 2024 includes ₴201.7B against the principal (91.5% of the planned amount), and interest payments of ₴101.7B (91.6% of plan).