Ukraine Receives $73.7 Billion in Aid from International Donors Since War Outbreak

by Roman Cheplyk
Monday, January 29, 2024
Ukraine Receives $73.7 Billion in Aid from International Donors Since War Outbreak

Since February 24, 2022, Ukraine has received $73.7 billion in direct budget support from international partners

This update was shared by the Ministry of Finance, following a meeting between Ukraine's Finance Minister, Serhiy Marchenko, and Benjamin Rorig, the Chargé d'Affaires of the French Embassy in Ukraine.

The discussion centered around Ukraine's cooperation with France in finance and recovery, and the priority expenditures of Ukraine's state budget for 2024. Minister Marchenko expressed gratitude to the French government for its substantial assistance since the onset of Russia's full-scale invasion. This support, he noted, has enabled the Ukrainian government to maintain stable state governance and fully finance social and humanitarian state budget expenditures.

France's contribution to Ukraine's budgetary support since February 2022 amounts to approximately 400 million euros, Marchenko highlighted. Looking ahead to 2024, the need for external financing exceeds $37 billion. Ukraine relies on international support to fund priority areas, especially the social and humanitarian sectors, as the country self-finances its defense and security through internal revenues and borrowings.

Rorig affirmed France's solidarity with Ukraine, mentioning ongoing efforts to provide necessary assistance, including health care financing and critical infrastructure rebuilding. He also highlighted the French government's full backing for the EU Ukraine Facility initiative, which proposes a 50 billion euro aid package over the next four years.

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