The European Commission has approved $4.3 billion in Ukraine for the Ukraine Facility Program  

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European Commission Gives 4.3 Billion Dollars

The European Commission has agreed give Ukraine 4.1 billion euros, which is about $4.3 billion. This money will be given under the Ukraine Facility program. The decision still needs approval from the before it can happen.

“We are helping Ukraine because Russia’s is very bad,” said Ursula von der Leyen, President of the European Commission. “We want to help keep Ukraine running while they fight survival.”

Ukraine Got Money Before

The EU has already given Ukraine some money this year. In August, they gave 4.2 billion euros, which is about $4.6 billion. They also gave several smaller amounts earlier in the year.

Ukraine Still Needs More Money

Ukraine still needs more money to function while the war continues. Last year, they got $42.5 billion from donors. The International Monetary Fund says they will need a similar amount this year to their budget. Ukraine’s finance , Serhii Marchenko, said that the current pledges are not enough and that they might need an extra 12-15 billion dollars next year.

Read More @ kyivindependent.com

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