21 Nov 2022 11:31

Ukraine receives over $23 bln as financial assistance since crisis begins - PM Shmygal

MOSCOW. Nov 21 (Interfax) - Ukraine has received over $23 billion as international financial assistance since the beginning of the crisis, Ukrainian Prime Minister Denis Shmygal said.

"Ukraine can feel the solid support of the world. We have received over $23 billion as international financial assistance since the beginning of the crisis, including 4.8 billion from the European Union and 8.5 billion from the United States," the Ukrainian media quoted Shmygal as saying at a government meeting on Friday.

The money funds critical budget expenditures, including payments to public sector employees, pensioners, displaced persons and benefit holders, and supports the solvency of territorial communities, he said.

"The support by partner countries and international financial institutions will have paramount importance to us in the coming year," Shmygal said.

In his words, Ukraine is expecting to receive a large financial assistance package worth 18 billion euros from the European Union in 2023, which will compensate for the deficit of funds for non-defense expenditures. It also hopes that the U.S. Congress approves the allotment of $37.7 billion, he said.