New aid: Ukraine receives funds from the EU and the US

New aid: Ukraine receives funds from the EU and the US - 1 - изображение

Ukraine has received the ninth tranche of the European Union’s macro-financial assistance, amounting to EUR 15 billion, under the program for 2023.

Regarding the source of funding in the amount of 2.8 billion dollars. 1.6 billion dollars came from the EU in the form of concessional financing, while $1.15 billion came from the United States in the form of a grant. The grant from the United States is part of the fifth additional funding received through the World Bank’s Public Expenditure Assistance for Sustainable Governance in Ukraine (PEACE in Ukraine) project. This year, the total amount of financial assistance from the United States is $10.9 billion, also in the form of a grant.

It is noted that international funding is intended to support priority state budget expenditures, in particular to ensure social protection of the population, meet humanitarian needs, and pay for employees in the fields of education and healthcare, the Ministry of Finance reported.

Since the beginning of 2023, Ukraine has received $35.4 billion from international partners.


Photo: Pexel


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