Photo: Shutterstock
Since the beginning of the full-scale war, Ukraine has attracted more than $100 billion in external budget support, which has become a key factor in ensuring the state’s sustainability in the face of war. This was reported by the Ministry of Finance of Ukraine.
According to the Ministry, the amount of funding received was:
- 31.1 billion in 2022;
- USD 42.5 billion in 2023;
- USD 27.2 billion in 2024 (as of 14 November).
The largest donors during this period were:
- The European Union – USD 40.5 billion;
- The total amount of the Group’s assets wasUSD 28.2 billion;
- International Monetary Fund (IMF) – USD 11.4 billion;
- Japan – USD 6.3 billion;
- Canada – USD 5.4 billion.
Together, these five countries and organisations provided over 90% of all external support.
Among the grants received by Ukraine on a non-refundable basis, the leaders are:
- The US is the largest donor of grants;
- The European Union – USD 2.3 billion;
- Germany – USD 1.4 billion;
- Japan – USD 955 million;
- Norway – USD 506 million.
Prime Minister Denys Shmyhal noted the importance of this support and thanked international partners for their solidarity. He also recalled recent successes:
- Attracting a USD 1.35 billion grant from the United States.
- The European Commission’s approval to allocate EUR 4.1 billion under the Ukraine Facility.
- Fulfilment of all conditions of the fifth revision of the IMF programme, which will allow us to receive another USD 1.1 billion by the end of 2024.
“The key issue is the financial resource needed for Ukraine’s sustainability,” Shmyhal said.
Large-scale financial support has become an opportunity not only for economic stability, but also for implementing reforms and overcoming the consequences of the war.
