On November 14, the European Commission approved the second regular tranche of approximately €4.1 billion for Ukraine, Ukrinform reports.
The funds will be allocated under the Ukraine Facility, which aims to finance the state budget and stimulate investment.
The total amount of the program is 50 billion euros, which will be allocated from 2024 to 2027.
The approval of the aid tranche became possible after Ukraine implemented a series of reform measures, including those related to anti-corruption efforts, the energy market, environmental protection, and more.
European Commission President Ursula von der Leyen noted the commitment of Ukraine's leadership to implementing reforms for recovery and progress on the path to the EU.
Ukraine is demonstrating to the world that it is capable of preserving democracy and implementing systemic reforms even during full-scale war.
