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International aid sufficient for emission-free financing of budget deficit - NBU

The National Bank of Ukraine (NBU) reported that international aid is currently sufficient to maintain an adequate level of reserves and emission-free financing of the budget deficit, however, uncertainty regarding its further parameters remains.

This is stated in the NBU's message, Ukrainian News Agency reports.

It is noted that since the beginning of the year, Ukraine has received USD 45.8 billion in official financing.

By the end of the year, more than USD 5 billion is expected to be received.

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External financing makes it possible to maintain an adequate level of international reserves, which strengthens the NBU's ability to ensure the stability of the foreign exchange market.

Thanks to international support and domestic borrowing, the government retains the ability to fully finance all critical budget expenditures.

At the same time, uncertainty around the parameters of external financing for 2026-2027 remains, negotiations are ongoing.

The NBU notes that the course of a full-scale war remains the main risk for inflationary dynamics and economic development.

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Russian aggression continues to pose threats to price stability and economic activity.

In addition, risks associated with irregularity and/or insufficiency of external financing persist.

As Ukrainian News Agency earlier reported, in July of this year it was reported that Ukraine's need for external financing in 2026 would remain at over USD 40 billion.

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