External financing received by Ukraine since the beginning of this year to the general fund of the state budget has reached about $25.9 billion, of which $1.4 billion was received in October, the Ministry of Finance reported on Friday, UNN reports.
Details
According to the Ministry of Finance, in October Ukraine received from:
- The IMF - USD 1.1 billion;
- Canada - USD 300 million.
Ukraine received funds from the IMF as a result of the successful fifth review of the Extended Fund Facility (EFF) program. "Ukraine has fulfilled all the structural benchmarks that were envisaged for the fifth review and two more ahead of schedule," the Ministry of Finance said.
The financing of almost USD 300 million from Canada, as indicated, is provided on preferential terms: 10 years, interest rate - 1.5% per annum. The grace period is 4.5 years from the date of receipt of funds.
"In total, in 2024, external financing will reach USD 25.9 billion, of which grants will amount to USD 6.6 billion. And since the beginning of the full-scale invasion , Ukraine has received more than USD 99.4 billion," the Ministry of Finance said.
It is stated that the funds raised will be used to finance priority social and humanitarian expenditures of the state budget.