Budget support exceeds $100B: Finance Ministry names Ukraine’s biggest donors

Since the beginning of Russia’s full-scale invasion, Ukraine has received more than $100 billion in external budget support.

In particular, since February 2022, Ukraine has received: $31.1 billion in 2022, $42.5 billion in 2023, and $27.2 billion in 2024 (as of November 14), Ukrinform reports, referring to the Ministry of Finance.

“The largest providers of budgetary assistance for this period are: the European Union - $40.5 billion; the United States - $28.2 billion; the IMF - $11.4 billion; Japan - $ 6.3 billion; Canada - $5.4 billion,” the report says.

The top five partners in terms of financial support provided more than 90% of all funds raised.

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Ukraine received the most funds in the form of grants from the United States. The European Union is the second largest donor in terms of grant funds - $2.3 billion. Other countries that provided significant support on a non-refundable basis included Germany ($1.4 billion), Japan ($955 million), and Norway ($506 million).

As Ukrinform reported, the European Commission has given a positive assessment for the second regular payment of close to EUR 4.1 billion under the Ukraine Facility.