Business news from Ukraine

Business news from Ukraine

EU to allocate €75 mln for humanitarian aid to Ukraine

20 February , 2024  

The European Commission (EC) announced on Tuesday the allocation of €83 million in “initial humanitarian aid” to Ukraine and Moldova for 2024.

“To help the most vulnerable people (…) in 2024, the EU will provide an initial €75 million in humanitarian aid to Ukraine and €8 million to Moldova. And we will continue to closely monitor the changing needs on the ground to respond to the most urgent humanitarian challenges,” said Janez Lenarčič, EC Member for Crisis Management.

The European Commission’s communiqué explains that €75 million for Ukraine has been allocated for humanitarian projects “to provide emergency assistance, including access to basic needs such as shelter, protection services, drinking water, education and healthcare.”

Humanitarian projects for Moldova worth €8 million provide “targeted assistance to the most vulnerable populations, including humanitarian cash assistance to meet basic needs, protection and health care.”

The European Commission said that with this new funding, it has allocated a total of €926 million for humanitarian assistance programs for the civilian population of Ukraine after February 2022. Of these funds, €860 million is earmarked for humanitarian programs inside Ukraine and €66 million for support to Ukrainian refugees in neighboring Moldova.

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