Business news from Ukraine

UKRAINE TO RECEIVE SECOND TRANCHE OF FINANCIAL ASSISTANCE FROM EU IN NEAR FUTURE

Olha Stefanishyna, Deputy Prime Minister for European and Euro-Atlantic Integration, hopes that Ukraine will receive the second tranche of macro-financial assistance from the European Union in the amount of EUR 600 million in late October – early November.
“I can confirm for sure that already this month, or at the very beginning of November, we will receive the second tranche in the amount of EUR 600 million,” Stefanishyna told reporters in Kyiv on Thursday.

, ,

UNITED STATES HOUSE OF REPRESENTATIVES VOTES TO INCREASE FINANCIAL ASSISTANCE TO UKRAINE

The United States House of Representatives has voted to increase the amount of financial assistance to Ukraine. American parliamentarians also supported amendments to the sanctions against Nord Stream 2, the Ukrainian Embassy in the United States said on Facebook.
“According to the bill, the total amount of funds to be allocated for the implementation of assistance programs to Ukraine through the Department of State, the U.S. Agency for International Development and related programs is at least $481.5 million, which is $28.5 million more than this year,” the report says.
Of this estimate, $125 million will be allocated as assistance to Ukraine for security-related purposes, under the article “International military financing,” which is $10 million more than in 2021.
To enter into force, the bill must be agreed and approved by the U.S. Senate and signed by U.S. President Joe Biden.

, , , ,