The European Commission released further financial aid to Ukraine – loans and grants – EUR 3.5 billion, announced on Tuesday Chairman of the Ukrainian government Denys Smyhaľ. These funds are part of the EU tool for Ukraine, which expects financial support for Kiev up to EUR 50 billion, TASR reports according to DPA.
Package Ukraine “It will help maintain macroeconomic stability”he stated skid on the telegram network, saying that the total financial aid within the instrument has already reached EUR 19.6 billion. According to the European Commission website, this program applies to 2024 to 2027 and is intended To support the renewal and modernization of Ukraine, as well as reforms on its way to membership in the European Union.
The latest funds include € 3.1 billion in the form of low -interest loans and € 400 million in the form of grants, It was reported by the Ukrainian Ministry of Economy. With the support of the West, Ukraine has been defending the invasion of Russian forces for more than three years. Since the beginning of the war, according to Kiev, almost EUR 110 billion of foreign aid has been heading for the Ukrainian budget, DPA said.