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Ukraine expects $12 billion in financial aid by the end of the year

Photo: t.me/V_Zelenskiy_official

Since the beginning of the year, Ukraine has received external financing for almost $18 billion.

Until the end of the year, Ukraine expects to receive about $12 billion, the National Bank said in a statement on Thursday, September 8.

“Thanks to additional international support, the National Bank will be able to maintain its gold and foreign exchange reserves at an adequate level in the coming years,” the report said.

The NBU says that the removal of some foreign exchange restrictions has eased the pressure on international reserves. The need for the exit of the Hryvnia also decreased – in July and August it fell to UAH 30 billion from UAH 105 billion in June.

“At the same time, the prospects for non-equity financing of the budget deficit in 2023 remain largely uncertain,” the central bank said.

It should be noted that Ukraine received a record financial aid in August – $4.6 billion. And since the beginning of the war with Russia – 17.5 billion.

According to the results of August, Ukraine’s international reserves increased by 13.6% and on September 1 reached $25.436 billion.

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Source: korrespondent

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