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Ukraine receives $6.6 bn in direct budget support from EU

By IANS | Published: April 26, 2023 1:18 PM

Kiev, April 26 As Russia's continues its full scale invasion of Kiev, Ukraine has received 6 billion euros ...

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Kiev, April 26 As Russia's continues its full scale invasion of Kiev, Ukraine has received 6 billion euros ($6.6 billion in direct budget support from the European Union (EU) so far this year, the government's press service reported.

Ukraine received the third tranche of the EU's large-scale macro-financial assistance (MFA) worth 1.5 billion euros on Tuesday, which will be directed to cover urgent budget needs, reports Xinhua news agency.

Ukraine received the first tranche of 3 billion euros in January, and the second tranche of 1.5 billion euros in March.

While commenting on the aid, Finance Minister Serhiy Marchenko said the EU's support would help the government to implement the country's budget "on time and in full".

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: KyivRussiaEuropean UnionMFAState steelEuropean affairsNe regionRussian parliamentPakistan russiaSerhiy marchenkoRus
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