KYIV, Nov 10 – The Finance Ministry acknowledges the difficulty of financing the planned state budget deficit in 2024 but is counting on previously promised support from G7 countries and is not currently considering monetary financing, said Finance Minister Serhiy Marchenko.

A transcript of his address to the Verkhovna Rada on November 9 in a presentation of the budget has been posted on the parliamentary website.

"We're not talking about any monetary financing at this stage and I hope that we will manage to ensure macroeconomic stability and acquire the necessary amount of external resources, because this is genuinely very important for both inflation and other macroeconomic indicators," Marchenko said.