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

Latest articles

Electoral campaign for second round kicks off, candidates should contribute to fair, transparent campaign

The Permanent Electoral Authority (AEP) specified that the electoral campaign for the second round...

Rescue operation of two young Ukrainian men who crossed Maramures mountain border into Romania

Mountain rescuers have started a search operation for two young Ukrainians who crossed the...

Interim President Bolojan, EC Vice President Roxana Minzatu disuss recovery of delays in implementing NRRP

Acting President Ilie Bolojan received on Friday the Executive Vice-President for Social Rights and...

MEP Negrescu launches „EU Story” – project to tell what EU membership means in concrete terms

Social Democratic Party (PSD) MEP Victor Negrescu has announced, on the occasion of Europe...

More like this

Electoral campaign for second round kicks off, candidates should contribute to fair, transparent campaign

The Permanent Electoral Authority (AEP) specified that the electoral campaign for the second round...

Rescue operation of two young Ukrainian men who crossed Maramures mountain border into Romania

Mountain rescuers have started a search operation for two young Ukrainians who crossed the...

Interim President Bolojan, EC Vice President Roxana Minzatu disuss recovery of delays in implementing NRRP

Acting President Ilie Bolojan received on Friday the Executive Vice-President for Social Rights and...