Germany provides $1.55B in financial assistance to Ukraine since Russian invasion started

Germany provides $1.55B in financial assistance to Ukraine since Russian invasion started

Ukrinform
The German Federal Government has provided $1.55 billion in financial assistance to Ukraine since Russia’s full-scale invasion started, mostly through grants.

The relevant statement was made by the Ukrainian Finance Ministry, an Ukrinform correspondent reports.

“Financial, military and humanitarian support is extremely important for countering aggression effectively. And Germany is one of the leaders in supporting our struggle against the terrorist actions of Russia,” Ukrainian Finance Minister Sergii Marchenko noted.

According to the ministry, on August 4, 2023, the Ukrainian finance minister met with the newly appointed Ambassador Extraordinary and Plenipotentiary of the Federal Republic of Germany to Ukraine, Martin Jaeger. The parties discussed the current economic situation, financial challenges during martial law, Ukraine’s European integration path, cooperation with the International Monetary Fund (IMF), and the financing needs for the next budget period.

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

While citing and using any materials on the Internet, links to the website ukrinform.net not lower than the first paragraph are mandatory. In addition, citing the translated materials of foreign media outlets is possible only if there is a link to the website ukrinform.net and the website of a foreign media outlet. Materials marked as "Advertisement" or with a disclaimer reading "The material has been posted in accordance with Part 3 of Article 9 of the Law of Ukraine "On Advertising" No. 270/96-VR of July 3, 1996 and the Law of Ukraine "On the Media" No. 2849-Х of March 31, 2023 and on the basis of an agreement/invoice.

© 2015-2024 Ukrinform. All rights reserved.

Website design Studio Laconica

Extended searchHide extended search
By period:
-