On Thursday, February 1, EU leaders at a summit in Brussels agreed on a four-year program to support Ukraine worth 50 billion euros called the Ukraine Facility.
Ukraine expects to receive the first funds from the EU within the framework of the Ukraine Facility program for 50 billion euros in March 2024, Economy Minister Yulia Sviridenko said in a telethon.
“We hope that we will receive the first tranche in March in the amount of 4.5 billion euros. In the first year, we expect to receive 18 billion euros of direct budget support,” the minister said.
Sviridenko emphasized that funds from the EU alone cannot cover Ukraine’s budget deficit.
“We therefore hope that the American partners will follow the example of the EU,” he added.
Let’s remember that on February 1, EU leaders at a summit in Brussels agreed on a four-year program to support Ukraine worth 50 billion euros called the Ukraine Facility.
Source: korrespondent
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