Ukraine receives €150 million from the EU for agriculture and recovery
Kyiv • UNN
Ukraine has received €150 million from the EU to support recovery, including infrastructure and agriculture, with another €100 million expected in 2024.
Ukraine has received 150 million euros to finance recovery measures, support small farms and other agricultural representatives, the Ministry of Finance reports, UNN writes.
Details
According to the Ministry of Finance, Ukraine has received 150 million euros of non-refundable financial aid from the EU as part of the agreement between Ukraine and the EU on financing the program "Support for the Rapid Recovery of Ukraine.
"Grant funding will help to ensure priority measures for the restoration of critical facilities affected by the armed aggression of the Russian Federation, including transport infrastructure, utilities and services, social infrastructure and residential premises," said Sergii Marchenko, head of the Ministry of Finance.
It is noted that the second tranche of EUR 100 million is expected in the first quarter of 2024. The funds will be used to finance both recovery measures and support small farms and other agricultural businesses.
Recall
To ensure a sustainable heating season, Ukraine has agreed to raise 150 million from the European Bank for Reconstruction and Development (EBRD).
