For 280 days now, with the support of the civilized world, Ukraine has been resisting terror from the Russian Federation

2022-11-30 12:18:30
Machine translation
For 280 days now, with the support of the civilized world, Ukraine has been resisting terror from the Russian Federation

For 280 days, Ukraine has been resisting the open military invasion of the Russian Federation, which is attacking civilians and trying to destroy not only the state of Ukraine, but also Ukrainians as a nation.

 

According to the Minister of Defense of Ukraine, "during the 9 months of the war, Russia launched more than 16,000 missile strikes on Ukraine, of which 97% hit civilian objects. Ukraine is fighting against a terrorist country, but after our victory, all war criminals will be brought to justice."

 

The support of civilized states helps Ukraine to resist the enemy. Since the beginning of the invasion, we have received $23 billion in financial aid (of which $4.8 billion from the EU and $8.5 billion from the United States), which were directed to critically important budget expenditures: payment of pensions, subsidies, salaries of state employees, aid to displaced persons.

 

During November 21-28, another tranche from the EU in the amount of 2.5 billion euros should arrive, and in December – another 500 million euros. In addition, the Canadian government has issued 5-year government bonds in the amount of 500 million Canadian dollars to support Ukraine.

 

Head of the Verkhovna Rada Committee on Finance, Tax and Customs Policy D. Hetmantsev reported that as of 10/31/22 the public debt of Ukraine amounted to $103.1 billion or UAH 3,771 billion in hryvnia equivalent, and in October it increased by $5 billion or 183, UAH 5 billion.

 

At the auction on November 29, the Ministry of Finance attracted UAH 21.2 billion to the budget through the placement of military bonds, in particular:

  • 6-month OVDP in the amount of UAH 3,248 million with a rate of 14%,
  • 1-year loans in the amount of UAH 255 million, the rate on which increased from 14% to 16%,
  • 1.2-year loans in the amount of only UAH 5 million with an interest rate of 18.5%,
  • 1.3-year loans in the amount of UAH 307 million with a rate of 19%,
  • 2-year loans in the amount of UAH 19 million with an unchanged rate of 19.25%.

 

In addition, it was possible to attract 328 million euros from the placement of 6-month papers with a rate of 3% per annum, and another 72 million euros from long-term papers for 1.1 years at 2.5%.

 

We will remind that on November 22, the Ministry of Finance attracted UAH 1.18 billion at the auction of military bonds, and the rate on 2-year bonds increased to 19.25%. At the auction on November 15, UAH 5.02 billion was raised and the rate for 1.5-year bonds increased from 18.5% to 19%, while at the auction on November 8, military bonds were placed for only UAH 43.7 million.

 

In general, since the beginning of the Russian Federation's full-scale invasion of Ukraine, the sale of OVDP bonds has attracted the equivalent of 187.5 billion UAH to the budget, the National Bank reports.

 

According to the estimates of the Prime Minister of Ukraine D. Shmyhal, in 2023 Ukraine will need $38 billion in aid. Currently, the EU is working on providing monthly aid in the amount of $1.2 billion ($18 billion per year), another $12 billion will be provided by the IMF, and $1.5 billion will come from the US each month.

Visitors’ comments (0):