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

IANS
Updated: January 17th, 2023, 20:24 IST
in International
0
Denys Shmyhal

Ukraine PM Denys Shmyhal Pic - IANS

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Kyiv: 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 Kyiv worth 18 billion euros (about $19.5 billion), Xinhua news agency reported.

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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.

–IANS

Tags: EUEuropean UnionUkraine
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