Today, November 22, Ukraine received the second tranche in the amount of EUR 2.5 billion within the exceptional eighth EU Macro-Financial Assistance program (MFA). The total funding under this program is EUR 5 billion.
"We are sincerely grateful to the European Union for its support to Ukraine. The allocated funds will significantly help to support economic stability in the state and ensure urgent expenses of the State Budget," said Minister of Finance of Ukraine Sergii Marchenko.
The total amount of Macro-Financial Assistance provided to Ukraine by the EU, from February 24 and up to today, reaches EUR 6.7 billion.
It is assumed that Ukraine will receive the last tranche under the specified MFA program by the end of this year.
On October 18, Ukraine received the first EUR 2 billion euros as part of the exceptional eighth EU Macro-Financial Assistance program.
In November of this year, the European Commission proposed to allocate additional financial support resources to Ukraine in 2023 by launching a new large-scale MFA program in the amount of EUR 18 billion.