Ukraine will receive 4.5 billion euros from the European Union under its four-year Ukraine Facility program next week. The announcement was made on March 15 by European Commissioner for Budget and Administration Johannes Hahn, UNN reports .
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I am very pleased to pave the way for the first disbursement next week. We support Ukraine and by doing so, we also invest in our security
Kyiv is to receive an additional 1.5 billion euros ($1.6 billion) in the coming months.
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On February 28, the Council of the European Union approved a significant aid package of 50 billion euros ($54 billion) in loans and grants to Kyiv, marking the official introduction of a financing instrument in Ukraine.
This financial support covers the period from 2024 to 2027 and includes 33 billion euros ($35.8 billion) in loans and 17 billion euros ($18.5 billion) in grants.