EU provides EUR 228 bln to Ukraine since 2022 - commissioner
The European Union’s support for Ukraine since Russia’s full-scale invasion in February 2022 has reached EUR 228 billion, European Commissioner for Economy and Productivity Valdis Dombrovskis said at the 10th ministerial roundtable on support for Ukraine on Wednesday, on the sidelines of the annual meetings of the International Monetary Fund (IMF) and World Bank in Bangkok.
Since Russia's invasion began in February 2022, the European Union has provided Ukraine with a total of EUR 228 billion in support, according to European Commissioner for Economy and Productivity Valdis Dombrovskis. Speaking at the 10th ministerial roundtable on support for Ukraine during the IMF and World Bank annual meetings in Bangkok, Dombrovskis emphasized that the EU's assistance is ongoing, stating, "More to come."
He urged international partners to join these efforts. A meeting with the Ukraine Financial Coordination Group is scheduled for October 16, ahead of the IMF's second and third reviews of the Extended Fund Facility (EFF) program. IMF Managing Director Kristalina Georgieva attended, followed by First Deputy Managing Director Daniel Katz, who typically represents the fund.
The World Bank was represented by Vice President Antonella Bassani, President Odile Renaud-Basso, and Managing Director Makhtar Diop, among others. Ukrainian Prime Minister Serhiy Koretsky and Finance Minister Serhiy Marchenko spoke on Ukraine's behalf, as the National Bank of Ukraine Governor, Economy and Environment Minister, Deputy Finance Minister, and other officials were present.
The IMF's upcoming second and third reviews of the EFF program, worth $8.1 billion, will be discussed, with about $1.65 billion set to be approved at the combined third and fourth tranches. Kyiv seeks confirmation of all sources for $52.6 billion in external financing for 2027, with $32.6 billion still needing confirmation. The EU is expected to cover two-thirds of Ukraine's financing needs in 2027, adding about $17.5 billion.
Written by urgent.news from Interfax-Ukraine's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
