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                        FRIDAY, SEPTEMBER 20, 2024
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Ukraine faces financial gap as western partners delay promised funds
Journal Staff Report

KYIV, Oct 27 – Financial support commitments undertaken by Ukraine's partners and the actual provision of funds are still very different, which creates a liquidity problem and the threat of further monetary financing of the state budget deficit by the National Bank with all the negative consequences for inflation, exchange rate and macro stability, Finance Minister Serhiy Marchenko has said.

There is a huge difference between commitments and payments, and the first quarter of 2023 is the most complicated for us right now. Even a huge amount of commitments will not help Ukraine in the first quarter of 2023 (if these funds are not provided), he said at the discussion "War in Ukraine: Financing the Victory" organized by the Bruegel think tank.




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