Ukrainian Finance Minister Sergei Marsenko confirmed to his British counterpart Jeremy Hunt, Kyiv’s need for additional funding for the state budget in 2023.
The Ukrainian Ministry of Finance said – according to what was reported by the Ukrainian “Yokrinform” news agency today, Saturday – that, during their meeting in London, the two sides discussed the current financial situation in Ukraine and the need for additional financing, as well as priority areas to cooperate to strengthen the partnership between the Ukraine and the government The United Kingdom, in addition to the other steps taken by the Ukraine government to increase revenues and reduce the state’s general budget deficit, such as issuing war bonds
And reduce priority expenditures, increase their allocation to critical needs, and maximize the state’s general budget revenues.
The Ukrainian Finance Minister stressed the need for additional funding for the country’s budget next year, as the deficit is expected to reach 3 billion dollars per month.
According to the statement, Ukraine relies on total financial assistance from partner countries, especially the United Kingdom and international financial organizations.
Marchanko expressed his thanks to the UK government for the long -term fruitful partnership and the active position in condemning the Russian military operation against Ukraine.
Meanwhile, Hunt assured the Ukrainian side his firm support for Ukraine..
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