IMF calculations show Ukraine faces up to $54 billion financing shortfall through 2029

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IMF calculations show Ukraine faces up to $54 billion financing shortfall through 2029
Photo: Evgeniy Maloletka /AP/TT

Next year, $30-35 billion will be missing, while the budget gap in 2028 is estimated at $17 billion, followed by $2 billion in 2029, Bloomberg reports, citing sources.

The information comes as a meeting in Brussels to accelerate aid and support for Ukraine is scheduled to take place on Tuesday.

The EU has already pledged 90 billion euros in a loan package to Ukraine earlier this year and has called on other actors to fulfill their commitments of a total of 30 billion euros this year and next year.

The European Commission and the IMF have also urged the Ukrainian government to develop a reform plan for the loan and aid money to be paid to the country.

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By TT News Agency. English edition by Sweden Herald, adapted for our readers

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