Kiev receives 4.1 billion euros from EU under Ukraine Facility - prime minister

MOSCOW. Dec 18 (Interfax) - Ukraine has received 4.1 billion euros from the European Union under the Ukraine Facility program, Prime Minister Denis Shmygal said.

"This is the second regular amount disbursed by the European Commission under this instrument. The new tranche results from the implementation by Kiev of all measures determined by the Ukraine Plan," Ukrainian media quoted Shmygal as saying on his social account.

The disbursement brings the total funding provided under Ukraine Facility in 2024 to 16.1 billion euros, Shmygal said. The overall amount that Ukraine is supposed to receive under this program by 2027 could reach 50 billion euros.

The Ukrainian Finance Ministry said in comments that Ukraine had met nine indicators set out in the Ukraine Plan in the third quarter of 2024, which "made it possible to attract the relevant tranche in time and in full." These indicators concern anti-corruption measures, business environment, labor market, regional policy, energy market, and environment protection.

The Ukraine Facility program for 2025 provides for around 12.5 billion euros in financial support, it said.

The National Bank of Ukraine had said earlier that Ukraine expected to receive $8.5 billion in international financing from tis partners in December 2024.

According to the Finance Ministry data, the aggregate financing of the Ukrainian state budget's general fund in 2024 amounted to $47.3 billion as of early December, of which $14.9 billion was raised through placing domestic government bonds and the rest being foreign financing, including $9.2 billion in grants.

The overall amount of financing that Ukraine received from its international partners in 2022-2024 has reached $106.0 billion, the ministry said.