In the first half of the year, Ukraine received nearly 14 billion dollars in funding from international sources, according to the country’s Ministry of Finance. The main contributors to Ukraine’s financial support during this period were the European Union, Japan, Canada, and the International Monetary Fund. Total financing for the state budget in the first six months of 2024 reached about 20.2 billion dollars, with 13.8 billion dollars coming from foreign sources and 6.4 billion dollars raised through domestic government credit bonds.
On June 29, reports indicated that additional financial aid had arrived, marking a recovery from a low point seen in 2022. In the first half of the year, the average monthly income to the treasury was around 1.9 billion euros. May saw a pause in funds from foreign partners for the first time in several years, while June saw the European Union contribute 1.5 billion euros to Ukraine.
As of July 1, Ukraine anticipated adjustments to its Western aid as part of a broader budget plan. The authorities projected receiving 37.8 billion dollars in grants and loans from Western partners in 2025, with expectations that this figure would decrease to 19.4 billion dollars in 2027 as Kyiv advances its fiscal strategy. This projection reflects an ongoing effort to balance external support with domestic financing needs and to sustain public services amid evolving economic conditions.
Earlier discussions noted that Ukraine had to address outstanding obligations to certain creditors. The overall trajectory for debt management and aid flows remains central to the government’s planning as it navigates both immediate liquidity requirements and longer term fiscal stability.