The EU Council has approved the seventh payment to Ukraine under the Ukraine Facility in the amount of nearly EUR 2.8 billion.
Axar.az informs, citing Interfax Ukraine, that the report said that Ukraine will receive a payment of nearly EUR 2.8 billion following the Council’s decision on the seventh regular tranche of support under the Ukraine Facility. This amount reflects Ukraine’s successful completion of eleven out of the twenty steps required for the seventh tranche.
It also reflects Ukraine’s completion of several previously unfulfilled steps, including one required for the fifth tranche and two required for the sixth tranche.
It should be noted that the program, designed for 2024–2027, provides up to €50 billion in funding for Ukraine to support its budget, reconstruction, and reforms on its path toward EU membership.
Source: en.axar.az
scorpion.az