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Ukraine is negotiating with European Commission on financial support worth €18 billion - Shmyhal

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The Government of Ukraine expects to receive financial support from the European Commission in the amount of EUR 18 billion in 2024 to cover the budget deficit, which will amount to about USD 42 billion.

As reported by Censor.NET with reference to Ukrinform, Prime Minister of Ukraine Denys Shmyhal announced this during a press conference at the Sixth German-Ukrainian Economic Forum.

"Next year, we expect the European Commission to support Ukraine in the amount of EUR 18 billion. We are currently negotiating this, as we will need to cover the budget deficit at the same level as this year, which is within USD 42 billion. Of these, we receive EUR 18 billion this year from the European Commission. Next year, we are asking for similar mirror measures of financial support," he said.

At the same time, Shmyhal expressed his gratitude to the European Commission for supporting Ukraine's European integration initiatives and for financial assistance.