Ukraine received UAH 80 billion in grants from allies in July, – Prime Minister of Ukraine

Prime Minister of Ukraine Denys Shmyhal said during the government meeting on August 2 that in July the state budget received almost 170 billion hryvnias, of which 80 billion are grants from allies of Ukraine.

Source: The Prime Minister of Ukraine Denys Shmyhal

“Almost UAH 170 billion came to the state budget in July. About UAH 90 billion of them are revenues from taxes and duties. Another UAH 80 billion are grants from Ukraine’s allies,” Shmyhal said.

He emphasized that financial assistance from partners is currently one of the elements of stability for the state and the economy. The positive news in this context is the EU’s deployment this week of €1 billion in exceptional macro-financial assistance to Ukraine.

“The first tranche of 500 million euros was credited to the account of the National Bank of Ukraine on August 1. Another 500 million euros we received on August 2. The funds will be used to finance priority budgetary needs. This is the first billion out of nine that the European Union promised to provide within the framework of the new program of macro-financial assistance to our state.”

He thanked for this support and emphasized that Ukraine would continue to count on urgent decisions from the European Commission regarding the allocation of funds that we need to strengthen economic stability.

See also: Ukraine received the first €500 million of the new EU macro-financial assistance to Ukraine

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