Ukraine to receive EUR 600 m aid from EU as soon as next week - Poroshenko

Ukraine to receive EUR 600 m aid from EU as soon as next week - PoroshenkoPresident of Ukraine Petro Poroshenko says Ukraine will receive the international macro-financial assistance worth EUR 600 million from the European Union as soon as next week.

This is reported by Ukrinform.

“I have a great pleasure to inform that Ukraine will finally receive 600 million euros of macro-financial aid next week from the third to the seventh of April,” he said during a conversation with journalists in Malta, where he was on an official visit for the participation in the expanded EPP Summit, an Ukrinform correspondent reported.

President Poroshenko noted that the next tranche of the international macro-financial assistance for Ukraine will promote stabilization of the state budget and replenishment of foreign exchange reserves.

“Moreover, the IMF Board will have a meeting on Monday to make a decision regarding the allocation of tranche in the amount of 1 billion dollars,” he added:

According to the president, this would significantly replenish the foreign exchange reserves of Ukraine and its budget stability.
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