The European Union has provided Ukraine with a second tranche of grant aid worth €150 million to support rapid reconstruction. Part of the money will go towards school meals.
Points of attention
- Ukraine received a second tranche from the European Union in the amount of 150 million euros for rapid reconstruction.
- The funds will be used to provide free meals to students, restore port infrastructure, and support agriculture and critical infrastructure.
- The EU's support demonstrates Ukraine's significant progress in implementing key reforms and moving closer to EU accession.
- The Ukraine Facility program provides 50 billion euros by 2027 to support the country's resilience.
- Ukraine has already received over 12 billion euros in budget support from the EU, and plans to receive additional funds by the end of the year.
What is known about the new tranche to Ukraine from the EU?
As reported by the Ministry of Finance of Ukraine on December 25, the funds will be directed to:
free meals for primary school students — 65 million euros,
restoration of port infrastructure — 50 million euros,
support for agriculture — 20 million euros,
restoration of critical infrastructure — 15 million euros.
This tranche is part of the agreement between Ukraine and the EU under the "Support to the Rapid Recovery of Ukraine" program, the total amount of which is 300 million euros.
Ukraine received the first tranche of 150 million in December 2023.
Ukraine received 4.1 billion euros under the Ukraine Facility program
This was announced by Prime Minister Denys Shmyhal.
"This support demonstrates Ukraine's significant progress in implementing key reforms envisaged in the Plan for Ukraine - from the fight against corruption to the development of the energy sector and environmental protection," Shmyhal emphasized.
He added that consistent EU support under the Ukraine Facility program, which provides for 50 billion euros by 2027, strengthens Ukraine's resilience and brings it closer to EU accession.
The Ministry of Finance clarified that the funds received will be used to finance priority needs of the state budget, in particular in the social and humanitarian spheres.
It should be noted that for 2025, within the framework of the program Ukraine Facility Another €12.5 billion in financial assistance is planned. Since the beginning of the year, the EU has already provided Ukraine with over €12 billion in budget support. By the end of the year, Ukraine plans to receive another €4.2 billion from the European Union under the Ukraine Facility.
