Ukraine has received assurances from its partner states and international financial institutions that all external financing needs for this year will be met. This was emphasised by Prime Minister Denys Shmyhal.
“Ukraine continues to strengthen its financial stability. Yesterday, the state budget received USD 3.9 billion of non-repayable aid from the United States. In total, this year we expect to receive USD 7.8 billion in budget support from our American allies,” the Head of Government said.
According to the Prime Minister, the next tranche of EUR 4.2 billion under the Ukraine Facility programme from the European Union is also expected in the near future. In 2024, Ukraine will attract EUR 16 billion from the EU under this programme.
“We are clearly on track to meet all the indicators. We are implementing all the reforms. We are adopting all the necessary changes,” the Prime Minister emphasised.
Denys Shmyhal stressed that the partners’ funds were used to finance non-military budget expenditures, to fulfil the state’s social obligations, to pay salaries to state employees, and to implement economic and humanitarian projects.
“Ukraine finances the security and defence sector from domestic resources. All taxes paid by citizens and businesses in the central budget go exclusively to the Ukrainian army. We are grateful to each and every person who works, pays taxes, creates jobs and thus helps to finance our defence,” the Head of Government said.
The Prime Minister also expressed his gratitude to the members of the arms coalitions, thanks to which Ukraine receives shells, artillery, drones and now F-16 aircraft.