World

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

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.

Ukrainian Prime Minister Denys Shmyhal. (Photo: Instagram)
Ukrainian Prime Minister Denys Shmyhal. (Photo: Instagram) 

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.

Published: undefined

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.

Published: undefined

Follow us on: Facebook, Twitter, Google News, Instagram 

Join our official telegram channel (@nationalherald) and stay updated with the latest headlines

Published: undefined