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Azerbaijani president in Washington: Live updates

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EU approves over €3.2 billion in funding to support Ukraine’s recovery, reform efforts

08 August 2025 21:08

The Council of the European Union has approved the fourth regular disbursement of financial support to Ukraine, unlocking more than €3.2 billion under the EU’s Ukraine Facility.

This latest tranche is aimed primarily at strengthening Ukraine’s macro-financial stability and supporting the effective functioning of its public administration, Caliber.Az reports per the Council's statetement

The payments under the Ukraine Facility are closely tied to the Ukraine Plan, which sets out the country’s comprehensive strategy for recovery, reconstruction, and modernisation. The plan also includes a detailed timetable for implementing reforms aligned with Ukraine’s long-term goal of EU accession over the next four years.

The Ukraine Facility, which came into force on 1 March 2024, provides up to €50 billion in stable financing—through a combination of grants and loans—to support Ukraine’s recovery and modernisation efforts between 2024 and 2027.

Of this amount, up to €32 billion is earmarked to back reforms and investments outlined in the Ukraine Plan, with disbursements contingent upon meeting specific reform targets.

Since the facility’s launch, €6 billion has been disbursed as bridge financing, alongside €1.89 billion in pre-financing and three installments totaling approximately €11.8 billion (€4.2 billion, €4.1 billion, and €3.5 billion respectively).

Following the European Commission’s evaluation of Ukraine’s payment request submitted on 6 June 2025, the Council confirmed that Ukraine has made satisfactory progress on key reforms.

These include improvements in public administration, public asset management, human capital development, decentralisation and regional policy, green transition, digital and agri-food sectors, and the management of critical raw materials.

By Sabina Mammadli

Caliber.Az
Views: 65

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