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Ukraine requires $37 bn in external financing next year

27 Jul 2023
World
Ukraine requires $37 bn in external financing next year
"International support will remain very important for maintaining macrofinancial stability in the coming years," Pyshnyy was quoted as saying by the bank's press service on Thursday.The official stressed the need for Ukraine to continue its cooperation with the International Monetary Fund and other foreign partners to obtain the aid, Xinhua news agency reported.Pyshnyy informed that since the beginning of this year, Ukraine received about $27 billion in international assistance, which allowed it to boost foreign reserves to an all-time high of $39 billion at the end of June.At the end of this year, international assistance for Ukraine is expected to reach $42 billion, Pyshnyy said.--IANSint/khz

(Disclaimer: This post has been auto published from IANS news agency without any modification to the text and has not been reviewed by editor)