Ukraine Receives EUR 4.5 Billion from EU, Eyes Additional Support
The funds, part of the Ukraine Facility program, will cover budgetary needs with further tranches dependent on reform implementation.
- Ukraine has received EUR 4.5 billion as part of transitional financing under the Ukraine Facility, with the potential for an additional EUR 1.5 billion tranche in April.
- The funds are designated for budgetary expenditures like pensions and salaries, excluding military spending.
- A separate Ukraine Assistance Fund under the European Peace Facility will provide EUR 5 billion this year for military support.
- The Ukraine Facility, valued at EUR 50 billion for 2024-2027, supports state budget, investments, and technical assistance.
- Approval and implementation of reforms are crucial for receiving further financial support under the Ukraine Facility.