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● Canada - $1.76bn
● Japan - $1.5bn
Loans constitute the majority of international financing, accounting for 68.7% of the total, while grants make up the remaining 31.3%.
On November 6, the IMF mission began discussing the second review of the EEF program with Ukrainian authorities, the IMF Resident Representative to Ukraine, Vahram Stepanya, said reports UBN.
The NBU clarified that during the second review of the EFF program, the status of Ukraine's fulfilment of its obligations under the Memorandum on Economic and Financial Policy will be reviewed.
These include measures in fiscal and budgetary programs, monetary and currency policy, financial stability, and structural reforms for medium and long-term economic growth.
One of the main issues being considered is what financing sources are available to fund Ukraine's state budget deficit, including international financial assistance and the domestic debt market.
“The review will not be easy, but the Ukrainian team has been working effectively for more than 20 months of the full-scale war. We are aware of the critical need to maintain the IMF's support not only for further financing of budget needs but for the development of our country," said NBU chairman Andriy Pishnyi.
• US Aid
US official says Ukraine aid bill unlikely to be passed before 2024. "I think it would be very difficult to get it done by the end of the year, and the impediment, currently, is the White House policy on the southern border," Turner said, as quoted by Bloomberg.
EU foreign policy chief Josep Borrell said that he is "not an astrologer" and does not know what will happen if the US cuts military aid to Ukraine next year he said on November 14.
"The EU Council is not a talk show and I'm not an astrologer, I don't know what will happen in the US next year. We should be more serious than discussing such speculations, we should focus on the present. And frankly speaking, I am too busy with my current affairs to waste time on speculations," Borrell said at a press conference after a meeting of the EU Council at the level of EU defense ministers when asked whether the EU is ready to increase aid to Ukraine if the US cuts military supplies to Kiev.
US House passes spending bill without Ukraine aid. The U.S. House of Representatives passed a stop-gap funding bill to avoid a government shutdown that did not include additional aid for Ukraine or Israel, CNN reported on Nov. 14.
New US aid for Ukraine risks slipping to mid-December and maybe longer, casting doubt on Washington’s ability to keep up the flow of weapons that both the Biden administration and the Ukrainian government say is
69 UKRAINE Country Report December 2023 www.intellinews.com