Ukraine will receive 2.5 billion euros in macro-financial support, according to European Commission President Ursula von der Leyen. “Ukraine is receiving an additional €2.5 billion from the EU Commission. They have budgeted €18 billion for 2023, with funding being distributed on a regular basis. for quick recuperation and necessary repairs that will result in a successful reconstruction. We will continue to support Ukraine as long as it takes “wrote von der Leyen.
This comes after Ukraine received an emergency MFA loan of €1.2 billion in the first half of this year. , Ukraine has received a total of €4.2 billion in MFA assistance since the Russian attack on February 24. In light of Russia’s military aggression and the subsequent economic difficulties, the assistance promotes Ukraine’s macroeconomic stability and overall resilience. After Ukraine met the reporting criteria outlined in the Memorandum of Agreement signed with the Commission, the payment was made. Ukraine must make adequate progress in implementing policies related to economic stability and resilience, governance and rule of law, and energy in order to receive further disbursements.
