Ukraine received fourth tranche of 1.5 billion euros from EU
Ukraine received the fourth tranche from the European Union as part of the package of macro-financial assistance in the amount of 1.5 billion euros. The money will help the government pay salaries and pensions, keep hospitals running, and provide housing for displaced people.
This is reported by Censor.NET with reference to Radio Liberty.
"This will also allow Ukraine to ensure macroeconomic stability and restore critical infrastructure destroyed by Russia during its war of aggression, such as energy infrastructure, water supply systems, transport networks, roads, and bridges," the European Commission notes.
As the EU adds, this payment was made after it was established in April that Ukraine continues to "make satisfactory progress in the implementation of agreed policy terms and has complied with reporting requirements aimed at ensuring transparent and efficient use of funds."
The Ukrainian government confirmed the receipt of the tranche. The Cabinet of Ministers adds that the funds are provided on unprecedented preferential terms for Ukraine and are directed to the financing of priority expenditures of the state budget. Thus, in 2023, the State Budget of Ukraine received 7.5 billion euros of preferential funds from the EU. The total volume of financing under this program reaches 18 billion euros.
It will be recalled that Ukraine received the previous tranche from the EU at the end of March.
