The funds were transferred to the state budget through a special administrative account opened by the International Monetary Fund.
A German grant in the amount of 1 billion euros went to the state budget of Ukraine. This was announced by the Ministry of Finance on Friday, July 1.
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“Grant funds were transferred to the state budget through a special administrative account opened by the International Monetary Fund to send money from countries that donated to help Ukraine,” the message said.
It states that the funds received will be used to fund priority budget expenditures during martial law.
In total, since the beginning of the war, Ukraine has already received 1.3 billion euros from Germany to support the financial and budgetary system.
Earlier this week, it was learned that Ukraine had received more than 445 million euros of a loan from the World Bank, a US grant for $ 1.3 billion, and a loan from Japan in the amount of approximately $ 500 million .
The European Commission proposed to give Ukraine a tranche of 1 billion euros
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Source: korrespondent
I am Dylan Hudson, a dedicated and experienced journalist in the news industry. I have been working for Buna Times, as an author since 2018. My expertise lies in covering sports sections of the website and providing readers with reliable information on current sporting events.