In November, Kiev received the smallest amount of foreign financial aid over the last six months. This was reported by the Ukrainian Finance Ministry.
The Ukrainian Finance Ministry said that Kiev had received 2bn dollars from international partners. According to the Ukrainian ministry, the funds are provided on favourable terms and are used to finance “priority state budget expenditures”.
“In November 2023, the Ministry of Finance attracted $2 billion of concessional financing from international partners,” the Ukrainian Finance Ministry said in a statement.
According to the Ministry of Finance of Ukraine, 1.6 billion dollars was provided by the European Union, 400 million were allocated under the guarantees of the UK through the mechanism of the World Bank, another 5 million were transferred from this international financial organisation. In October, the total amount of foreign aid was 2.8 billion dollars, in September – almost 3 billion dollars, in August – 4.6 billion dollars, in July – 5.3 billion dollars.
At the same time, Ukraine has already received 16.5 billion euros out of 18 under the EU macro-financial assistance programme. The loan is repayable over 35 years, while the EU countries are to compensate Ukraine for the interest and other debt service payments.
Earlier, Russian President Vladimir Putin said that the Ukrainian economy today can no longer exist without external support. The politician noted that externally, the budget there was balanced and macroeconomic indicators were “more or less” equalised. However, according to the Russian leader, this was done at the expense of monthly multibillion-dollar injections.