In May, Ukraine is expected to receive loans and grants from partner countries and international financial organizations.
Ukraine expects to receive several grants and loans in May. Finance Minister Sergei Marchenko told Interfax-Ukraine how they planned to finance the budget during the war.
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“We have high expectations about what we can get from our partners in the near future. This is an additional $ 500 million grant from the United States, 150 million euros from Germany, the Italians are agreed on a new loan of 200 million euros.Another 1 billion (Canadian) dollars from Canada, was agreed to such an amount through the IMF administrative account.We look forward to these funds in the near future, “aniya.
Japan also confirmed additional debt of $ 300 million, which is also expected in May.
In addition, in May Ukraine expects to receive new funding from the Netherlands, $ 200 million of the first tranche of a $ 1 billion World Bank loan, another $ 100 million from the WB to cover repayment costs to migrants, as well as $ 60 million to cover social benefits.
“The British, through the WB multi-donor trust fund, have confirmed additional guarantees on what they have already given in the amount of $ 500 million. We expect 10 million euros each from Latvia and Lithuania, as well as Austria, one another $ 10.5 million from Switzerland, 20.5 million euros “From Denmark. In addition, Poland and Finland are now deciding on the amount and mechanism of assistance. Another 20 million euros – from Norway, also through a trust fund. Iceland should provide 470 thousand euros in May, “the minister said.
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In addition, the European Investment Bank must re-profile existing projects worth approximately 1.1 billion euros, a European Commission decision is expected, and a loan from France is possible.
“But the instrument on which we assert our main hope is the special drawing rights. There is a letter from the Prime Minister to potential donor countries that could share part of the SDR. This is approximately 10%. Now we are working on the mechanics of this process, “said Marchenko. .
He also said that in April the state budget deficit reached UAH 89.7 billion against UAH 80.6 billion in March. With the income of the general fund of UAH 76.2 billion, the aid grant reached UAH 22 billion.
The head of the Ministry of Finance acknowledged that insufficient funds received in April, but the problem, as in March, was eliminated by liquidity management.
Recall that the international donor conference, held the other day in Warsaw, raised 6.5 billion dollars for Ukraine.
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Source: korrespondent
