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Ukraine’s state budget this year is funded with the allies’ help.

Tuesday, August 8, 2023
Ukraine’s state budget this year is funded with the allies’ help.

According to the Ministry of Finance, the 2023 Ukrainian budget is largely financed by military bonds, loans from international financial organizations, bilateral loans, and grants.

So, as of August 4, the largest sources of funds are macro-financial assistance from the European Union for $11.4B; domestic state bonds – $9.2B; grants from the US – $8.5B; funds from the International Monetary Fund as part of the extended financing program – $3.6B; and preferential financing from Canada – $1.7B.

The total external funding in 2023 is $28B.

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