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By the end of the year, a budget deficit of almost UAH 5 billion will be formed due to the use of funds intended for monetary support of the military for the purchase of weapons in the first quarter of 2024.
The parliamentarians discussed with IMF representatives the attraction of international assistance in the amount of $37 billion and more than 400 billion hryvnias for Ukraine's military campaign.
Head of the Parliamentary Budget Committee Pidlasa met with IMF representatives in Kyiv to discuss the economic situation in Ukraine and progress in implementing structural reforms under the IMF program.
Additional funds of UAH 720 billion can be raised from Ukraine's domestic resources to cover the needs of military mobilisation, as funds from international partners cannot be spent on the needs of the Armed Forces. Currently, no decision has been made on the number of mobilised or the source of funding has not yet been decided.
Ukraine expects to receive financial assistance from the EU as part of the EU's multi-annual budget, and negotiations on the first tranche may be finalized at the EU summit in January.