Ukraine received about $27B from international partners since early 2023

Ukraine has received about $27 billion from international partners since the beginning of 2023.

The relevant statement was made by National Bank of Ukraine (NBU) Governor Andriy Pyshnyy at a briefing, an Ukrinform correspondent reports.

“Since the beginning of the year, Ukraine has received about $27 billion from international partners, which significantly exceeds the amount of the NBU’s foreign currency sales intended to balance the foreign exchange market,” Pyshnyy said.

In his words, thanks to the rhythmic inflow of international aid, Ukraine’s foreign exchange reserves reached $39 billion at the end of June 2023. The international support allowed the Ukrainian government to cover a significant budget deficit without resorting to monetary financing.

A reminder that Ukraine expects to receive $42 billion in financial assistance in 2023, including $4.6 billion from the International Monetary Fund (IMF).