Cabinet estimates amount of financial aid to Ukraine since 1992

Ukraine has received $9.3 billion under various agreements with international financial institutions since 1992 and another $4 billion in non-repayable grant assistance, Olena Tregub, Director of the Department of International Assistance Coordination and Cooperation with IFIs at the Ministry of Economic Development and Trade, wrote on Facebook.
”There are development projects from the IFI`s worth $9.3 billion, the grant agreements – worth $4 billion,” she wrote.
Tregub also noted that of the existing portfolio of agreements on international assistance, Ukraine uses about $1 billion a year.
As UNIAN reported earlier, the volume of technical assistance to Ukraine from international partners since the country`s independence has amounted to $3.2 billion.
The mission of the International Monetary Fund has been working in Ukraine for the second week. The mission`s work may result in Ukraine obtaining the next $1.7 billion tranche of the IMF and $5 billion associated with the financing program from other lenders, including the European Union and the U.S. Government.
According to some experts, the Fund may make concessions on some parameters of the program, given that the Cabinet of Ministers of Ukraine from May 1 increased gas prices to market levels ahead of schedule under the program with the IMF.

Avatar photo

UaPositon

An independent media focused on Ukraine.
Follow us on social media:
Facebook
Twitter
Instagram

Submit a Comment

Your email address will not be published.

Share This

Share this post with your friends!