EU finally approves Ukraine Plan for implementation of Ukraine Facility – Shmyhal

13:16, 14.05.2024 1 min read

The European Union has finally approved the Ukraine Plan, necessary for the implementation of the Ukraine Facility program in the amount of EUR 50 billion, Prime Minister of Ukraine Denys Shmyhal reports.

"The approval of the Plan allows us to fully launch the Ukraine Facility - our state will receive EUR 1.89 billion in preliminary funding. In general, this year we expect to attract EUR 16 billion as part of the program. This will strengthen our financial stability in the conditions of a full-scale war with Russia," Shmyhal wrote on the Telegram channel.

The Prime Minister also thanked Belgium, which chairs the EU Council, and the EU member states for their high assessment of the Ukraine Plan.