Business news from Ukraine

Business news from Ukraine

Ukraine since February 24 has attracted more than $31 billion – Prime Minister

31 December , 2022  

Ukraine has attracted more than $31 billion from international partners since February 24, 2022, Prime Minister Denis Shmygal said at the last regular government meeting this year on Friday.
“We’ve said many times this year that armies win battles and economies win wars. We’ve managed to keep financial, banking and economic stability. We managed to fund all key budget expenditures.
We have not delayed pensions, doctors’ or teachers’ salaries. Every week we have held and continue to hold talks to mobilize more support for Ukraine. During these 10 months we have already raised more than $31 billion from our partners, “- said Shmygal. The prime minister stressed that next year the authorities also understand how they will fund the budget and reconstruction.
“Another step in support of healthy public finances was a successful debt policy. Negotiations conducted by the government and the Ministry of Finance ended with all payments on foreign debt being postponed for 2 years. About 200 billion hryvnias were raised from the sale of war bonds. International support has become very important,” he said.
At the same time, Shmygal noted that 2/3 of all funds, which Ukraine received in the budget, is a domestic resource – the payment of taxes, duties, and the purchase of bonds.