Energy sector in Ukraine will be supported by international partners for $1.5 billion

The Prime Minister of Ukraine Denys Shmyhal noted on December 25, 2022, that international partners had declared assistance for the energy sector of Ukraine in the amount of almost 1.5 billion dollars.

Source: The Prime Minister of Ukraine Denys Shmyhal

“This year, we managed to mobilize more than $30 billion from our allies to support the budget. Next year, the G7 countries will mobilize up to $32 billion in financial aid to Ukraine. This is 85% of the budget deficit we will have in 2023. We will also continue cooperation with the World Bank, other partner countries, and we are expecting a new major financial program with the IMF,” explained the Prime Minister of Ukraine.

During 11 months of this year, the government of Ukraine allocated UAH 245 billion for the purchase, modernization and repair of weapons and equipment. Next year, the budget for such purchases was increased to UAH 300 billion.

“Aid to the energy sector from partners is gaining speed. International partners have declared support for almost 1.5 billion dollars. Additional equipment arrives every day to repair the damaged infrastructure. More than 200 shipments of energy equipment have already arrived. We will stand,” clarified Denys Shmyhal.


See also: US and its allies are working to restore and protect Ukrainian energy, – US Secretary of State


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