Ukraine sets to get 3 bn euros from EU this week: PM

By IANS | Published: January 17, 2023 07:21 AM2023-01-17T07:21:03+5:302023-01-17T07:55:15+5:30

Kiev, Jan 17 Ukraine is set to receive 3 billion euros (about $3.25 billion) from the European Union ...

Ukraine sets to get 3 bn euros from EU this week: PM | Ukraine sets to get 3 bn euros from EU this week: PM

Ukraine sets to get 3 bn euros from EU this week: PM

Kiev, Jan 17 Ukraine is set to receive 3 billion euros (about $3.25 billion) from the European Union (EU) this week as a part of fresh financial aid, Ukrainian Prime Minister Denys Shmyhal has said.

Shmyhal wrote on Telegram that Ukraine and the EU signed a memorandum of understanding (MoU) for the macro-financial program for Kiev worth 18 billion euros (about $19.5 billion), Xinhua news agency reported.

The funds will help Ukraine to maintain macroeconomic stability and cover all critical expenses this year amid the ongoing war with Russia, Shmyhal said.

In 2022, Ukraine received $32.1 billion in international aid, with $8 billion of the funds coming from the EU, according to the country's central bank.

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

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