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Ukraine's embattled economy can weather the next few months until foreign aid arrives, but 2024 is certain to be tougher than this year and Kyiv will need to rely more heavily on its own resources. Ukraine hopes to plug next year's $43 billion budget deficit mostly with foreign financial aid including 18.5 billion euros from the European Union and more than $8 billion from a U.S. package that also contains vital military assistance. Both packages have been blocked so far - by Republicans in the U.S. Congress and by Hungary in the European Union - but should eventually pass, though ...

Ukraine’s embattled economy can withstand the next few months until foreign aid arrives, but 2024 is certain to be harder than this year and Kyiv will...

Investment company Dragon Capital has revised its economic growth projection for Ukraine in 2023 to 5.2%, up by 0.7 percentage points, despite external financing risks, the company reported on Dec. 8.

The latest loan requests push the country’s debt further, which by the end of August 2023 stood at over Shs88.80 trillion, further plunging the country into a debt crisis

External financing for Ukraine has fallen short of the country’s end-of-year needs, announced the parliamentary chairman of the taxation committee, Danylo Hetmantsev, in a Telegram post on Dec. 2.