NBU governor: Ukraine to get about $45B in loans and grants this year

"The total volume of financial assistance in the form of loans and grants is expected to reach about $45 billion this year. These revenues remain the main source of covering the high deficit of the state budget which will expand to almost 29% of GDP this year," Governor of the National Bank of Ukraine Andriy Pyshnyy told a briefing on October 26, an Ukrinform correspondent reports.

Thanks to international aid, he noted, Ukraine is also able to finance a significant current account deficit, and the NBU is able to maintain a high level of international reserves and balance the currency market.

As reported, Ukraine has received almost $33 billion from the G7 countries since the beginning of the full-scale war. These funds have become crucial in ensuring the balance of the state budget of Ukraine and financing critical expenditures.