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International donors provided $14.5 billion to Ukraine in 2022 (infographic)

International donors provided $14.5 billion to Ukraine in 2022 (infographic)

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International donors allocated $14.5 billion to Ukraine as part of the PEACE Project to reimburse priority expenses in 2022. This is stated in the message of the Ministry of Finance.

Photo: mof.gov.ua 0

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Who provided Ukraine and how much

  • United States — $11.7 billion (grants);
  • World Bank — $1.22 billion (loans);
  • Great Britain — $1 billion (credit guarantees);
  • Italy — $200.5 million (loan);
  • Germany — $51.5 million (grants);
  • Spain — $50.1 million (grant);
  • Finland — $21.3 million (grant);
  • Ireland — $21.1 million (grant);
  • Switzerland — $10.3 million (grant);
  • Belgium — $3.1 million (grant);
  • Lithuania — $3.2 million (grant);
  • Iceland — $1.6 million (grant);
  • Denmark — $30.9 million (credit guarantees).

Read: Ukraine received 189.32 million euros from the World Bank

In total, in 2022, Ukraine received UAH 495.3 billion in external financing within the framework of the Project, in particular for financing:

  • pensions for more than 9 million pensioners (199.5 billion UAH);
  • benefits for 1.6 million internally displaced persons (40.5 billion UAH);
  • housing subsidies for 1.6 million families (15.9 billion UAH);
  • Childbirth allowance for 750,000 families (8.9 billion UAH);
  • salaries for 515 thousand medical workers (45.2 billion UAH), 503 thousand school teachers (69.9 billion UAH), 140 thousand teachers of higher education (18.5 billion hryvnias).

“The financial support of partners within the framework of the PEACE in Ukraine Project of the World Bank became decisive in ensuring humanitarian and social expenses during the war. At the same time, responsible use of donor funds is an indisputable priority for the Ministry of Finance, since the trust of partners is our main asset. Constructive cooperation with the teams of the World Bank and USAID helps to optimize and strengthen the monitoring, verification and reporting systems of the Government of Ukraine on the use of donor funds,” noted Minister of Finance Serhiy Marchenko.

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Author: Editor of the news feed Yaroslav Holoborodko Writes on the topics: Macroeconomics, stock market, cryptocurrency

Source: Ministry of Finance

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