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Ukraine receives €1.9bn unconditional funding from EU under Ukraine Facility

Recently, Ukraine and the European Union signed an agreement worth EUR 27 billion for 2024-2027 under the Ukraine Facility.

Ukraine receives €1.9bn unconditional funding from EU under Ukraine Facility
Minister of Finance of Ukraine Serhiy Marchenko
Photo: Oleksandr Zadnipryanyy/Mind

Ukraine has received EUR 1.9 billion in unconditional funding from the EU under the Ukraine Facility, the Ministry of Finance of Ukraine reports

The State Budget of Ukraine has received a €1.9 billion tranche of unconditional financing from the European Union. The funds are provided under the EU financial instrument Ukraine Facility. 

"Since the beginning of the full-scale war, the EU has provided Ukraine with almost EUR 35 billion in direct budgetary assistance. These funds have helped to maintain macroeconomic stability and also allow us to finance priority budgetary needs. The EU is a key partner of Ukraine, which continues to play a crucial role in accelerating our victory and strengthening the country's economic resilience," said Minister of Finance of Ukraine Serhiy Marchenko.

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