Investor Presentaiton
Official concessional external financing envisaged for 2020
Combined with a
proactive response to
Covid-19 economic
fallout, Ukraine
managed to secure a
range of
concessional
financing from its
international partners
to cover significant
portion of external
financing needs for
2020
The total amount from
our official partners is
expected to reach
c.US$ 6.2bn in 2020
Both the IMF's SBA
and the EU's MFA
financing constitute
significant portions (i.e.
c.57% and c.31%,
respectively) of total
2020 envisaged
external financing from
the official partners
Partner
International
Monetary Fund
ZNI
ERNATION
MONE
ONETA
TARY
FUND
FUN
European Union
European
Investment
Bank
World Bank
WORLD BANK GROUP
Programs
On June 9, IMF Executive Board approved 18-month Stand-By Arrangement
(SBA) for Ukraine, under which USD 2.1bn was disbursed immediately
The total amount of program is US$ 5.0bn (SDR 3.6bn) that will be directed
towards support of balance of payments and budget to help address the effects of
Covid-19 while moving forward important structural reforms
Within the new SBA program, US$ 3.5bn is expected to be received during 2020
EUR 0.5bn second tranche out of EUR 1.0bn macro financial assistance program,
MFA IV, was received in June 2020
On May 18, a new EUR 1.2bn MFA program for Ukraine was adopted within EUR
3.0bn support package to neighboring partners, o/w EUR 600m to be provided
immediately and unconditionally, while the second tranche will depend on
conditions that will be negotiated in due course
Since 2014, the EU has approved EUR 5.0bn in MFA support for Ukraine, o/w EUR
3.3bn were disbursed during 2014-2018 and EUR 1.7bn are expected in 2020
In addition, other European institutions provide financial support for Ukraine to fight
Covid-19 consequences, e.g. EUR 40m from the EIB
2020 financing
US$ 3.5bn
EUR 0.5bn
EUR 1.2bn
On June 26, the World Bank has approved US$ 350m First Economic Recovery
Development Policy Loan (DPL) for Ukraine to support economic recovery and
mitigate Covid-19 effects. It is expected that another US$ 350m of budget
financing loans from the World Bank will be finalized and disbursed also in 2020
On May 5, the US$ 150m Loan Agreement (Additional Financing for the Social
Safety Nets Modernization Project) between Ukraine and IBRD was signed. On
May 28, 2020, US$ 50.4m were already disbursed
US$ 0.7bn
US$ 50.4m
July 2020
Total 2020 envisaged external financing from the official partners
c. US$ 6.2bn
BA
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