Ukraine expects over USD 10 billion of support in March-April - NBU

Ukraine expects over USD 10 billion of support in March-April - NBU

Kyiv  •  UNN

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According to the governor of the National Bank of Ukraine, Ukraine expects to receive more than $10 billion in international aid from its partners in March-April.

Ukraine expects to receive more than $10 billion from its international partners in March-April, NBU Governor Andriy Pyshnyi said during a briefing on Thursday, UNN correspondent reports.

Details

The NBU governor pointed out that the risk of insufficient international financing remains, but there have been positive developments in this regard recently.

Ukraine may receive more than $10 billion in March-April. Increased foreign aid inflows in the near future will make it possible to significantly increase the volume of international reserves

- Pyshny said.

In particular, at the end of February, the Council of the European Union approved the launch of the EUR 50 billion Ukraine Facility program for 2024-2027. Under this instrument, Ukraine is to receive transitional funding of EUR 4.5 billion in March.

Also, according to him, Ukraine has reached an agreement on the third revision of the program with the International Monetary Fund at the staff level and is awaiting a decision of the Fund's Board of Directors.

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