Ukraine hopes for further financial support from international partners, while the main task of the Donor Coordination Platform for Ukraine for 2024 is to mobilise budgetary funding. Prime Minister Denys Shmyhal stressed in his opening remarks at the 7th meeting of the Steering Committee of the Multi-Agency Donor Coordination Platform for Ukraine.
The Head of Government thanked the Steering Committee and all members of the Platform for their unprecedented support for Ukraine. In particular, our country will receive more than USD 40 billion in budget support from partners in 2023.
"These are the funds that have helped our Government pay for pensions, doctors’ and teachers’ salaries, social programmes and benefits. These are the funds that have helped Ukraine to withstand and redirect domestic resources to finance the army and defence," stressed Denys Shmyhal.
Denys Shmyhal also commended the support of international financial organisations, including that of the World Bank and the IMF. In particular, the USD 15.6 billion programme with the International Monetary Fund continues, which is part of a USD 122 billion international support package.
“It is very important for us that budget support is rhythmic and timely. It allows us to ensure economic and financial stability, and it allows us to continue social protection and humanitarian support programmes for our people.
In this regard, Denys Shmyhal offered to consider another strategic issue – the expansion of the Platform.
“This could become an effective tool for mobilising and coordinating more aid. I believe that more partner countries should be involved, provided that they are ready to support budget financing for Ukraine. This is important and will strengthen our joint work,” noted the Prime Minister.
The Head of Government stressed that despite the full-scale war, Ukraine was carrying out reforms and was ready to fulfil numerous commitments under the agreements and recommendations of its partners.
“The Ukrainian Government continues to implement reforms. In particular, it is implementing the European Commission recommendations and the IMF benchmarks. We are determined to continue on the path of reform and to deliver on these commitments," said Denys Shmyhal.