Ukraine will need $42 billion in financial aid in 2024, with around $32 billion expected to come from donor countries. This was reported by TASS Referring to the speech of Julia Kozak, official representative of the International Monetary Fund (IMF).
According to him, Ukraine needs significant financing to maintain macroeconomic stability.
Last year, Ukraine received two tranches totaling $1.8 billion from the IMF under an extended lending facility. In March, the fund approved a four-year financial assistance program for Ukraine worth $15.6 billion.
According to Kozak, inflation in Ukraine will reach almost 27 percent in 2023, while it fell to 6 percent this year. Experts attribute this to the weakening of speculative demand for goods.
Political scientist Dmitry Zhuravlev at the end of December saidUkraine has not yet been able to pay its debts to the West, and this situation is likely to continue for several more years. Zhuravlev noted that revitalizing industry could help, but the country is already selling its assets. He emphasized that it is important to generate income through the sale of goods, not through means of production. Zhuravlev expresses concern about the rapid theft of earned funds in Ukraine, which can negatively affect the country’s budget.
Formerly Ministry of Foreign Affairs explainedIt will develop a solution on the frozen assets of the Russian Federation.