June 23 2014, 17:40 Source: APK-Inform Views: 1960

In 2014 the EU and the IMF to allocate 1.6 bln EUR of aid to Ukraine

After signing the Ukraine–European Union Association Agreement, in 2014 the EU and the International Monetary Fund will provide additional financial assistance for to Ukraine at the level of 1.61 bln EUR, informed Štefan Füle, European Commissioner for Enlargement and European Neighbourhood Policy, in the draft of the „agenda” for realization of the Association Agreement on June 20.

In particular, the document stipulates that the additional financial aid at the sum of 1 bln EUR, in addition to the previously agreed 610 mln EUR, will be allocated in tranches: Ukraine will receive 610 mln EUR by the end of the current month, the remaining sum - during the yearr, following a schedule agreed with EU and IMF.

The financial assistance is part of the „agenda” related to the fiscal reform in Ukraine, dedicated to measures of economy stabilization.

As a reminder, signing of the Association Agreement is scheduled for June 27, 2014.


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