The funds will be directed to budget expenses.
Ukraine received a grant from the Federal Republic of Germany in the amount of 1 billion euros. This was reported by the press service of the Ministry of Finance on Friday, July 1.
It is noted that these funds will be used to finance priority budget expenditures during martial law.
From the very beginning of implementation martial law, Ukraine has already received 1.3 billion euros from Germany to support the financial and budgetary system.
We remind you that on June 24, Minister of Finance of Ukraine Serhiy Marchenko and Federal Minister of Finance of Germany Christian Lindner signed the Agreement between the governments of Ukraine and Germany on granting Ukraine EUR 1 billion in grant funding.
Read also: Ukraine received $1.3 billion in grant aid from the US
Earlier it was reported that Ukraine received a loan from the World Bank in the amount of 446.8 million euros. It was announced that the loan will be aimed at supporting employees of the budget sector.
In addition, during the visit to Ukraine, Norwegian Prime Minister Jonas Gar Stere promised to provide Ukraine with EUR 1 billion in aid.
“We promise to provide support in the amount of 1 billion euros for the period until the end of this year or the beginning of 2023,” – Norwegian Prime Minister Jonas Haar Stere.
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