Wednesday, November 30, 2022

Politico: EU may provide Ukraine with 1.5 billion euros each month in 2023

by The Kyiv Independent news deskOctober 10, 2022 10:52 pm
Share

The European Commission is currently working on a plan to provide Ukraine with sufficient budgetary support for the next year – 1.5 billion euros per month, undisclosed sources told Politico

Prime Minister Denys Shmyhal estimated Ukraine's budget gap to be around $3.5 billion per month next year, and the U.S. has already pledged to cover $1.5 billion per month. 

The EU pledged 9 billion euros in macro-financial assistance to Ukraine in May; EU countries have backed 6 billion euros out of that sum, but so far, Ukraine has only received 1 billion euros from the block.

The Kyiv Independent news desk
The Kyiv Independent news desk

We are here to make sure our readers get quick, essential updates about the events in Ukraine.

Give the gift of democracy
this Giving Tuesday
Become a member of the Kyiv Independent. For as little as $5 per month, you can help ensure the Kyiv Independent continues to produce quality journalism in 2023.
visamasterCardpaypal