Ukraine receives the eighth tranche of large-scale Macro-Financial Assistance from the EU in the amount of EUR 1.5 billion

Today, on 22 September, Ukraine received the eighth tranche of EUR 1.5 billion under the large-scale EU Macro-Financial Assistance (MFA) for 2023. The total amount of funding under the programme reaches EUR 18 billion.

Thus, in 2023, the State Budget of Ukraine received EUR 13.5 billion in concessional funds from the EU.

The MFA is provided on unprecedentedly concessional terms and is used to finance priority expenditures of the Ukrainian State Budget.

"The EU`s macro-financial assistance is a significant contribution to ensuring financial stability and accelerating the victory in the war. I am grateful to my colleagues from all EU institutions for their leadership in supporting Ukraine and for the rhythmic provision of funds, which helps the Ukrainian state to timely and fully finance State Budget expenditures, especially social and humanitarian ones,” said Minister of Finance of Ukraine Sergii Marchenko.

The next three tranches under the large-scale MFA programme are expected by the end of 2023, subject to Ukraine's compliance with the structural policy conditions agreed by the parties.

The total planned amount of funding under the current MFA programme reaches EUR 18 billion.