EU transfers €2.9 bln to Ukraine under Ukraine Facility program
Photo source: Government Portal
Prime Minister Serhii Koretskyi reported that Ukraine received 2.9 billion euros from the European Union under the Ukraine Facility program.
Koretskyi shared the news on social media, according to Rubryka.
The received funds represent part of the previously allocated financing under the Ukraine Facility framework. The tranche arrived after Ukraine met 10 policy indicators during the first and second quarters of 2026, as well as for prior periods.
The completed reform benchmarks covered:
- Banking sector reform
- Energy sector regulations
- Agricultural policy
- Transport and other critical sectors
Ukraine fulfilled three of the ten required indicators ahead of schedule.
According to the Prime Minister, the secured funding carries vital importance given the challenging fiscal situation facing state finances.
"Amid a complex financial situation, these funds are critically important for the state's resilience, covering key expenditures and enabling us to direct more of our own resources toward defense," Koretskyi wrote.
At the same time, the Prime Minister noted that overall financing needs remain critical. He stated that the government is expediting all necessary administrative decisions while working with Parliament to pass relevant legislation.
Background
The Ukraine Facility provides 50 billion euros in financial support from the European Union for the 2024–2027 period. The program aims to maintain macroeconomic stability, rebuild and modernize the country, and support Ukraine's European integration process. The mechanism officially launched on March 1, 2024.
Prime Minister Serhii Koretskyi previously warned that Ukraine risks losing a significant portion of international funding totaling 29.5 billion euros if the Verkhovna Rada delays passage of the required legislation.
According to Minister of Finance Serhii Marchenko, Ukraine is navigating its most challenging budget environment since the start of Russia's full-scale invasion in 2022. He noted that the country faces liquidity challenges, with uncovered external financing needs for 2027 standing at 32.6 billion US dollars.
