Since the beginning of the war, Ukraine has received about $13 billion in external funding, including $4.4 billion in June, Finance Minister Sergei Marchenko said on the air of the national telethon on Thursday.
“This month we will receive or expect more than $3 billion. By the end of the year, we are talking about $16 billion to $17 billion, taking into account what has already been received,” he said.
The head of the Ministry of Finance stressed that the government is trying to keep the monthly budget deficit within $5 billion.
“And even make the necessary decisions to narrow this frame,” he added.
According to him, this is not about raising taxes, but about expanding the tax base.
At the same time, Marchenko noted that so far the country cannot do without partial financing of the state budget by the National Bank through the purchase of war bonds.
“These conditions are created by the fact that we are at war. We cannot finance our army from external sources: grants and loans. Our partners do not give us funds for a military campaign. Therefore, a military campaign is either due to taxes or due to, including including the redemption of bonds by the National Bank. This is a temporarily forced step in the conditions when we are at war, “the head of the Ministry of Finance explained.
As reported, since the beginning of the war, the NBU directly financed the state budget through the purchase of “military” bonds for UAH 225 billion, including UAH 105 billion in June.
