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Total international support of Ukraine exceeds $15 billion, - the head of the National Bank of Ukraine

Payments of the Ukrainian Government are provided without restrictions, following the legislation on martial law.

Total international support of Ukraine exceeds $15 billion, - the head of the National Bank of Ukraine
Photo: Yulia Berezovska \ NBU Press Center

Ukraine's public finance system operates smoothly, thanks, in addition, to significant funding for defense capabilities, support for Ukraine's economy, and humanitarian issues from international organizations and partner countries. The total international support of Ukraine exceeds 15 billion US dollars.

This was stated by the head of the National Bank of Ukraine (NBU) Kyrylo Shevchenko, reports "Interfax-Ukraine".

"According to our estimates, the total international financial, technical and humanitarian support reaches more than 15 billion dollars in equivalent, of which more than 5 billion - directly to the budget," he said in a statement on Thursday, 3 March.

Shevchenko stressed that payments to the Government of Ukraine are made without restrictions following the law on martial law, the liquidity reserve is sufficient to finance expenditures and repayments.

According to him, many Ukrainian enterprises continue to pay taxes to the state budget, some even paid them in advance, and the National Bank transferred part of the profit to the state budget ahead of schedule for almost UAH 19 billion.

An additional source of funding for the needs of the Ukrainian army was the funds collected by organizations and citizens of Ukraine and other countries on the accounts of the NBU, Shevchenko added. He clarified that as of March 2, more than UAH 6 billion in equivalent has been transferred to the special account opened by the National Bank to support the Armed Forces of Ukraine, of which more than UAH 1.6 billion has already been allocated by the National Bank for military needs.

In addition, on March 1, the Ministry of Finance of Ukraine placed military Domestic government bonds (DGB) for UAH 8.1 billion.

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