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Ukrainian Central Bank reports extensive foreign aid since 2022

Ukrainian Central Bank reports extensive foreign aid since 2022

The article discusses the volume of foreign aid received by Ukraine since the beginning of 2022. The Ukrainian Central Bank announced that Kyiv has received approximately $200 billion in direct funding from international partners, aimed at covering the financial deficit and increasing support amid ongoing Russian military operations. The report also indicated that Ukraine needs about $3 billion monthly in external support to continue the war effort. Additionally, the European Union has approved additional assistance worth €3.5 billion as part of an overall program totaling €20 billion. Ukraine faces increasing challenges in relying on external financing, with calls from international partners to strengthen domestic sources. Meanwhile, Russia believes that the European funds directed towards Kyiv could have been used to build a modern Ukraine resembling Dubai, whereas financial aid continues to support Kyiv in facing economic challenges associated with the ongoing conflict.

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