Kyiv: On August 23, Prime Minister Denys Shmygal said that Ukraine expected a further $12-$16 billion of financial support from foreign partners to help it deal with Russia’s invasion. He said in a statement: “Ukraine has managed to maintain its financial stability thanks to external assistance, which has already accounted for $14 billion, but that Kyiv has had to direct over 40% of budget spending – over 420 billion hryvnias ($11.51 billion) – to military needs.”

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Türkiye officially gains nuclear status with new power plant: Erdogan

Türkiye’s first nuclear power plant Akkuyu has been officially granted nuclear facility…

Large explosion reported in southern Israel

A large explosion was reported in southern Israel on Wednesday, Israel’s Kann…

Hamas negotiating on behalf of Axis of Resistance: Hezbollah

Hezbollah chief Hassan Nasrallah has said Hamas was conducting Gaza ceasefire talks…

UNGA grants resolution giving Palestine new rights, reviving UN bid

The UN General Assembly voted by a wide margin to grant new…