Ukraine receives almost ₴270 billion in grants in first half of year

In January-June 2023, Ukraine received international assistance in the form of grants worth UAH 269.6 billion.

This was reported by the press service of the Ministry of Finance, according to Ukrinform.

"An important source of state budget revenues in January-June this year was the funds received by Ukraine in the form of international assistance (grants) - UAH 269.6 billion," the statement said.

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It is noted that the largest donor of grant support in January-June 2023 is the United States of America (UAH 263 billion). Ukraine also received non-refundable funding from Germany, Spain, Finland, Ireland, Switzerland, Belgium, and Iceland totaling up to UAH 6.4 billion. The funds were allocated to the state budget of Ukraine through the World Bank's Trust Fund under the PEACE project.

As reported, government borrowings to the general fund of the state budget in January-June 2023 amounted to UAH 879.1 billion.