The budget will begin receiving multibillion-dollar assistance from the European Union and the United States in June, the NBU expects.
Ukraine expects increased funding from Western countries in June. Deputy Head of the National Bank Yuriy Gelety said about this in an interview with Forbes Ukraine.
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“More than $ 8 billion is in state budget support as part of a $ 40 billion aid package from the United States. I think we’ll start receiving these funds in June, most likely in installments,” he said.
The Ministry of Finance is actively working with the European Commission to receive the first installments of the promised 9 billion euros of macro-financial assistance as soon as possible.
“Also, active negotiations are underway with a number of countries on obtaining loans and guarantees on a bilateral basis,” Geletiy said.
It will be recalled that the G7 countries have also pledged to allocate $ 19.8 billion to Ukraine.
For the first 4 months of 2022, the state budget was executed with a deficit of UAH 146.6 billion, with the general fund with a deficit of UAH 157.2 billion, with a planned deficit for January-April in the amount of UAH 317.1 billion.
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Source: korrespondent
I am Dylan Hudson, a dedicated and experienced journalist in the news industry. I have been working for Buna Times, as an author since 2018. My expertise lies in covering sports sections of the website and providing readers with reliable information on current sporting events.