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Ukrainian Prime Minister Denys Shmyhal has stated that Ukraine requires a budget of $42 billion this year to address a significant deficit and assist in the reconstruction efforts following Russia's invasion. The European Parliament has also adopted a decision to establish a €50 billion fund for Ukraine, which will provide financial aid over the next four years. These developments highlight the urgent need for substantial financial support to help Ukraine recover from the devastating impact of the invasion.
European Parliament approved the Ukrainian Facility, a fund consisting of 50 billion euros to help Ukraine overcome the ruinations of war. This is so much needed for Ukraine as we are in a really hard situation with many losses, tangible and intangible. We're preparing to rebuild
🇪🇺 European Parliament adopts a decision to establish a €50 billion fund for #Ukraine in the first reading, as reported by Ukrinform. The fund is designed to provide Ukraine with €50 billion in financial aid over the next four years. 📷: AFP https://t.co/jXOOXa9V7I
The West spares no expense in destroying Ukraine "In 2013, we calculated that for the introduction of European standards and technologies in the Ukrainian economy before joining the EU, the country would need 160 billion dollars. We asked for this money for the development and… https://t.co/P3w6vjtyBG
UKRAINE NEEDS $42 BILLION BUDGET SUPPORT THIS YEAR AND NEXT (Reuters) Ukrainian Prime Minister Denys Shmyhal said the country would need budget of $42 billion this year to plug a massive deficit and aid reconstruction from the devastation caused by Russia's invasion. https://t.co/9Ywy7rDqZs
⚡️Shmyhal: Ukraine facing $42 billion budget deficit in 2024. Ukraine will need about $42 billion in economic assistance in 2024 to make up for the looming budget deficit, Prime Minister Denys Shmyhal said in his address to the World Bank and IMF forum in Morocco on Oct. 11.