Ukraine expects €1.5 billion of the second tranche of the EU's €50 billion program in April - Finance Ministry
Kyiv • UNN
Ukraine expects to receive the second tranche of 1.5 billion euros from the European Union's 50-billion-euro program in April this year.
Ukraine expects to receive the second tranche of 1.5 billion euros from the 50-billion-euro European Union program in April this year.
This was stated by Minister of Economy Serhiy Marchenko, quoted by the press service of the Ministry of Economy, UNN reports .
Details
Today, we have received the first tranche of €4.5 billion in transitional financing under the Ukraine Facility, and we expect to receive the second tranche of €1.5 billion in April of this year. While recovery and reforms are crucial for Ukraine's future, only by financing all priority state budget expenditures will Ukraine be able to keep its economy safe throughout the war and recover to become self-sufficient and successful. Therefore, external financing continues to play an important role
Marchenko thanked the partners for the key role of the European Union in attracting financial resources for Ukraine and noted that since February 2022, the EU has provided Ukraine with more than €30 billion for the priority needs of the state budget, which has allowed the Cabinet of Ministers to fulfill its obligations to citizens and direct its own budget resources to support the armed forces.
Nagadayemo
The Ministry of Economy of Ukraine has published the text of the Plan for the Implementation of the EU's Ukraine Facility program, which provides for 69 reforms, in particular in the economic sector, judiciary, financial markets, etc.
