Ukraine received EUR 1.5 billion in large-scale Macro-Financial Assistance from the EU 

Today, on April 25, Ukraine received the third tranche of EUR 1.5 billion as part of a large-scale Macro-Financial Assistance (MFA) for 2023. The total amount of concessional financing from the EU under this program is EUR 18 billion.

Ukraine received the first tranche of EUR 3 billion in January 2023, and the second tranche of EUR 1.5 billion was directed to the State Budget in March this year.

This brings the total amount of direct budget support from the EU in 2023 to EUR 6 billion.

"During the first four months of 2023, Ukraine received the largest amount of financial assistance from the European Union. I am grateful to the EU colleagues for their leadership in supporting Ukraine and for the consistency and rhythm in the provision of funds, which helps to implement the State Budget of the current year in a timely manner and in full," said Minister of Finance of Ukraine Sergii Marchenko.

The funds are provided on unprecedentedly concessional terms for Ukraine and will be directed to finance the most urgent State Budget expenditures. 

The next tranches of the large-scale MFA program will be disbursed to the State Budget in 2023, subject to Ukraine's performance of the conditions agreed upon by the parties.