15 Dec 2023 14:00

Partners' assistance helps maintain Ukraine's macrofinancial stability - PM

MOSCOW. Dec 15 (Interfax) - Financial assistance from international partners enables Ukraine to maintain its macrofinancial stability and spend all internal resources on military needs, Prime Minister Denis Shmygal said.

"The World Bank is allocating an additional $1.34 billion for Ukraine. This money will be used to pay pensions, salaries to teachers, support internally displaced persons and [cover] other priority expenditures of the state budget," Ukrainian media outlets quoted Shmygal as saying in a social media post.

The bulk of this financial assistance package - $1.086 billion - has been provided by the Japanese government, while the rest includes grants from the United States, Switzerland and the Ukraine Relief, Recovery, Reconstruction and Reform Trust Fund, he said.

"Financial assistance from international partners allows us to ensure Ukraine's macrofinancial stability and direct all internal resources to the needs of our army," Shmygal said.