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Posted On
date_range 17 Jan 2023 9:40 AM IST Updated On
date_range 17 Jan 2023 9:40 AM ISTUkraine PM announces receiving financial aid of 3 bn euros from EU this week
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Kyiv: According to Ukrainian Prime Minister Denys Shmyhal, Ukraine is expected to receive 3 billion euros (or $3.25 billion) from the European Union (EU) this week as part of new financial aid.
According to Xinhua news agency, Shmyhal said that Ukraine and the EU signed an agreement for Kyiv's macro-financial programme worth 18 billion euros (about $19.5 billion) on Telegram.
According to Shmyhal, the money will assist Ukraine in maintaining macroeconomic stability and covering all critical expenses this year despite the country's continuous conflict with Russia.
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.
With inputs from IANS
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