Ukraine expects to receive tranche from EU within two weeks – PM Shmyhal

Ukraine expects to receive tranche from EU within two weeks – PM Shmyhal

Ukrinform
Prime Minister of Ukraine Denys Shmyhal expects to receive a tranche of macro-financial assistance from the European Union in the next two weeks.

PM Shmyhal said this during a virtual meeting with Executive Vice-President of the European Commission Valdis Dombrovskis on May 15, the Government portal reported.

The parties discussed the situation with the spread of COVID-19 coronavirus disease, its impact on the economy of Ukraine and economies of European countries, financial and economic cooperation.

Shmyhal thanked the European Union for a EUR 190 million assistance disbursed to Ukraine for the healthcare system, small and medium-sized enterprises, small farms, civil society, and the conflict-affected eastern and southern regions of the country to fight COVID-19.

The prime minister expressed hope that Ukraine will receive a tranche of macro-financial assistance from the European Union in the next two weeks.

In addition, Shmyhal assured Dombrovskis of further systemic reforms and stressed the importance of joining efforts to address the challenges related to the pandemics.

As reported, in April, the European Commission decided to allocate EUR 190 million to Ukraine to support its healthcare system, economy, small and medium-sized businesses, and the most vulnerable populations. Separately, the EU allocated EUR 13 million for humanitarian needs in Donbas.

As of May 16, 2020, Ukraine had 17,858 laboratory-confirmed COVID-19 cases. Some 528 new cases were confirmed over the past day.

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