2024-03-09 15:50:54
The European Commission intends to allocate €4.5 billion in aid to Kyiv in March and €1.5 billion in April, First Deputy Head of the European Commission Valdis Dombrovskis said during his visit to Kyiv.
As Day.Az reports with reference to TASS, his statement was disseminated by the press service of the European Commission.
“The European Commission will provide the first payment under the Ukraine support program by the end of the month [в €50 млрд до 2027 года] in the amount of €4.5 billion, and the next one will follow in April in the amount of €1.5 billion,” Dombrovskis said.
He stressed that the provision of this assistance “will be linked to the implementation of the plan for Ukraine,” on which the European Commission is “working intensively” with the government of this country. The plan provides for the accelerated implementation of reforms and transformations that Brussels insists on.
Dombrovskis also announced the allocation of military aid to Kyiv in the amount of €21 billion in 2024.
As a TASS diplomatic source in Brussels previously explained, the volume of the €4.5 billion tranche expected in March is explained by the fact that the European Commission “intends to provide Kiev with budget support at the level of 2023 – in the amount of €1.5 billion per month.”
“Since no budget assistance was provided in January and February (the €50 billion plan itself was approved only on February 1 at an emergency EU summit – TASS note), therefore the March tranche includes money for the first two months of 2024 so that Kiev can implement planned budgetary payments,” he said.
At the same time, if the European Commission plans to continue payments to Kyiv at the level of €1.5 billion per month, then the amount of €50 billion allocated by the EU countries will not last until the end of 2027, but only until July 2026.
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