The state budget received the sixth tranche of macro-financial assistance from the EU in the amount of 1.5 billion euros.
In 2023, Ukraine has already received 10.5 billion euros from the EU. The total amount under the IFD program is 18 billion euros.
“Since the start of the full-scale war, the EU has sent 17.7 billion euros of macro-financial assistance to Ukraine. These funds have contributed to maintaining macroeconomic stability in the country, and also help to finance priority state budget expenditures in a timely manner and in full.
The EU is a key partner of Ukraine, which continues to play an important role in accelerating our victory and strengthening the economic stability of the country,” said Finance Minister Serhiy Marchenko.
Funds from the EU are provided on unprecedented favorable terms for Ukraine and are used to finance priority state budget expenditures.
The maturity of the loan is 35 years, interest and other debt service payments instead of Ukraine will be compensated by the EU countries.
“The next tranches under the large-scale IFD program will go to the state budget during 2023, subject to Ukraine’s fulfillment of the conditions agreed by the parties,” the Ministry of Finance added.
Source : EPRAVDA