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  • UAH 800 out of every UAH 1,000 will be spent on defence, support for veterans, social benefits, healthcare and education: Prime Minister
    Communications Department of the Secretariat of the CMU, posted 19 September 2023 17:32

    Out of every UAH 1,000 from the general fund of the state budget, UAH 800 will be spent on defence, support for veterans, social benefits, healthcare and education, stressed Prime Minister Denys Shmyhal.

    “Every hryvnia paid by citizens and businesses in the form of taxes will be directed to the security and defence of our country,” stressed the Head of Government.

    Apart from that, the Prime Minister accentuated that like this year, next year Ukraine need financial support from our partners in the amount of about USD 42 billion.

    “We now understand where these funds can be obtained. This is the EU's Ukraine Facility programme, the United States' assistance, the IMF's programme, and the help of our other friends and partners,” noted Denys Shmyhal.

    According to the Head of Government, the IMF cooperation programme is the anchor of funding. In 2024, we expect tranches of USD 5.4 billion from the Fund. In addition, we have long-term cooperation programmes with Norway and Japan, and we are working with Canada and other partners.

    “Right now we are building the foundation of financial stability for 2024. The draft state budget is already in the Parliament. We look forward to its productive discussion and prompt adoption,” emphasized the Prime Minister.

    UAH 800 out of every UAH 1,000 will be spent on defence, support for veterans, social benefits, healthcare and education: Prime Minister