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EU Council Approves $4.59 Billion Aid Package for Ukraine

Funds aimed at stabilizing Ukraine's economy amid ongoing conflict with Russia, contingent on reforms.

  • Ukraine to receive $4.59 billion to support macro-financial stability.
  • Funds are part of a larger $50 billion package of loans and grants.
  • Disbursement contingent on reforms in public finance, state-owned enterprises, and anti-corruption measures.
  • Economic projections suggest Ukraine's GDP could grow by 6.2% by 2027.
  • The aid aims to help Ukraine's EU accession and economic recovery.
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