On April 23, Ukrainian Prime Minister Yulia Svyrydenko announced that the government held meetings with leaders of parliamentary committees to discuss ongoing legislative initiatives aimed at securing financial aid from the European Union. She expressed gratitude to lawmakers for their support in advancing these initiatives during the previous parliamentary session.
Svyrydenko highlighted that Ukraine is preparing to receive €2.7 billion in June under the EU’s Ukraine Facility program. This funding is part of a broader effort to stabilize the country’s economy amidst ongoing challenges.
In addition, Svyrydenko, alongside Finance Minister Serhiy Marchenko, provided updates on the European Union’s decision to grant a €90 billion loan to Ukraine. She emphasized that these funds are primarily intended for defense purposes, while also underscoring the importance of meeting the requirements outlined in the International Monetary Fund (IMF) program and the Ukraine Facility plan for social sector financing.
The Prime Minister noted that government officials, in collaboration with parliamentarians, have identified a list of urgent legislative proposals that need to be approved in the near future. This legislative agenda is crucial for ensuring stable international financial support.
Earlier in April, Svyrydenko remarked that to maintain consistent international funding, particularly through the Ukraine Facility and the IMF program, Ukraine must continue its reform efforts. These reforms are essential to meet the expectations of international partners.
On the same day, the European Council unanimously approved amendments to the EU’s multiannual budget, facilitating the allocation of the €90 billion loan to Ukraine, along with the introduction of a 20th sanctions package. The completion of the necessary written procedures, which lasted over a day, was confirmed by the Cypriot presidency of the European Council.
Ukraine's government is actively pursuing legislative measures to secure significant financial support from the EU, including a €90 billion loan. These efforts are crucial for both defense and social funding, as the country continues to navigate economic challenges amid ongoing reforms.