AcasăEurope NewsUkraine received over $32 billion in foreign aid in 2022

Ukraine received over $32 billion in foreign aid in 2022

Published on

Ukraine received the equivalent of more than 32 billion dollars in aid and loans from abroad during the past year, after the Russian invasion at the end of February, DPA informs, Agerpres reads.

About 40% of this amount came from the US, the Ukrainian Central Bank said on Friday evening. Just under 25% came from the EU, and about 8% from the International Monetary Fund. Germany alone contributed $1.6 billion, according to the statement. The total aid is equivalent to about 16% of Ukraine’s pre-war economic output.

However, Ukraine’s gross domestic product will drop by more than 30% in 2022 due to the war, according to estimates by the Ministry of Economy in Kyiv. Russia occupied about 18% of Ukrainian territory, including the Crimean peninsula on the Black Sea, which was annexed in 2014. Ukraine is largely dependent on foreign aid, both financial and military, DPA notes.

Agerpres

Proiectul jurnalistic ecopoliticnews.com este un proiect susținut de AGI
- o asociație neguvernamentală, apolitică și non-profit.
Depinde și de tine să susții o presă independentă.

Latest articles

Xi says ready to work with Trump to build solid foundation for bilateral ties

Chinese President Xi Jinping said here Thursday that he is ready to continue working...

China has much to offer for those investing long-term in land of opportunity

As China moves forward with new plans for the next five years, its status...

PM Bolojan meets Germany’s Kirchbaum on extended economic cooperation

Romania's Prime Minister Ilie Bolojan on Friday welcomed visiting German Minister of State for...

EconMin Miruta on withdrawal of a part of US troops: As long as we are in NATO, there is no danger

Minister of Economy, Digitalisation, Entrepreneurship and Tourism Radu Miruta said on Friday, in the...

More like this

Xi says ready to work with Trump to build solid foundation for bilateral ties

Chinese President Xi Jinping said here Thursday that he is ready to continue working...

China has much to offer for those investing long-term in land of opportunity

As China moves forward with new plans for the next five years, its status...

PM Bolojan meets Germany’s Kirchbaum on extended economic cooperation

Romania's Prime Minister Ilie Bolojan on Friday welcomed visiting German Minister of State for...