The Council of the European Union has approved EUR 3.5 billion for Ukraine under the Ukraine Facility financial instrument, EUR 400 million of which are grant funds.
This is indicated in a statement by the Ministry of Finance, the Ukrainian News agency reports.
The funding will be used for priority social and humanitarian expenditures of the state budget.
Ukraine has implemented all measures specified in the Ukraine Plan by the end of the fourth quarter of 2024, which in turn opened the possibility of receiving the third regular tranche under the instrument.
The plan for Ukraine provided for thirteen indicators by the end of December 2024 to attract the corresponding tranche.
The reform measures cover such areas as the fight against corruption, the business environment, the labor market, regional policy, the energy market, environmental protection, management of public finances and state-owned enterprises.
As the Ukrainian News agency earlier reported, a total of EUR 16.1 billion has already been received by the state budget under the Ukraine Facility program.
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