A US Air Force airman marshals a K-loader of cargo during a Ukraine security assistance mission in Dover Air Force Base, Delaware, the United States, Feb 3, 2023. (PHOTO / US DEPARTMENT OF DEFENSE VIA XINHUA)
KYIV – Andriy Pyshnyy, chairman of the National Bank of Ukraine (NBU), said on Thursday that Ukraine will require at least $37 billion in external financing next year due to high expenditures on defense.
"International support will remain very important for maintaining macro-financial stability in the coming years," Pyshnyy was quoted as saying by the bank's press service.
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The official stressed the need for Ukraine to continue its cooperation with the International Monetary Fund (IMF) and other foreign partners to obtain the aid.
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Pyshnyy informed that since the beginning of this year, Ukraine received about $27 billion in international assistance, which allowed it to boost foreign reserves to an all-time high of $39 billion at the end of June.
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At the end of this year, international assistance for Ukraine is expected to reach $42 billion, Pyshnyy said.
