Shmyhal revealed where Ukraine will get funds for non-military needs next year

Ukraine plans to attract over $38 billion in external financing next year. Photo: Denys Shmyhal's Telegram channel

Ukraine plans to attract over $38 billion in external financing next year to cover the most important non-military budget expenditures.

This was announced by Prime Minister Denys Shmyhal.

He noted that Ukraine also wants to receive funds from frozen Russian assets. So far, Ukraine has received more than 16 billion euros from the EU under the Ukraine Facility program.

«Almost $5.4 billion — under the cooperation program with the IMF. The sixth review of the program has already been completed, and yesterday a new financial tranche was transferred to Ukraine», said Denys Shmyhal.

He also added that direct budget support for this year will amount to about $41 billion. Significant support is provided by the United States, the World Bank, Japan, Canada, and other partners.

Recall that Ukraine received $1.1 billion from the IMF. These funds will be used to finance critical budget expenditures.