Ukraine received a grant from Germany in the amount of €1 billion

02 July 2022, 01:10 | Economy
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Ukraine received a grant from the Federal Republic of Germany in the amount of 1 billion. Euro. 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..

In total, since the introduction of martial law, Ukraine has already received 1.3 billion from Germany.. euro to support the financial and budgetary system.

Recall, on June 24, Minister of Finance of Ukraine Serhiy Marchenko and Federal Minister of Finance of Germany Christian Lindner signed an Agreement between the governments of Ukraine and Germany on providing Ukraine with 1 billion euros in grant funding.

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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 used to support public sector employees.

In addition, during a visit to Ukraine, Norwegian Prime Minister Jonas Gahr Stere promised to allocate 1 billion euros in aid to Ukraine..

“We promise to provide support of 1 billion euros until the end of this year or early 2023,” Norwegian Prime Minister Jonas Gahr Stere.

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