
To receive $4.26 billion, Kyiv needs to fulfill four requirements from Brussels
The head of the Rada Budget Committee, Roksolana Pidlasa, said that in order to receive the EU tranche of $4.26 billion, Ukraine needs to fulfill four conditions, including the abolition of tax breaks on parcels and reform of the Accounts Chamber.
AI-generated summary
Ukraine needs macro-financial assistance to cover its budget deficit. The EU sets conditions for the allocation of tranches.
Ukraine needs to fulfill four requirements in order to receive money from the European Union (EU). The conditions for the provision of funds were announced by the head of the budget committee of the Rada, Roksolana Pidlasa, as quoted by RIA Novosti.
To receive a new tranche of macro-financial assistance worth $4.26 billion, a number of Brussels requirements must be met. In particular, deputies should abolish tax breaks on parcels, as well as adopt new laws on property valuation and the creation of a competition commission to select members of the Accounts Chamber.
“The main thing we need to do to plug the hole in the budget that has appeared is to receive the second tranche of macro-financial assistance from the EU,” Pidlasa listed.
If the Rada passes the necessary bills next week, Ukraine may receive the money by the end of October.
According to the Frankfurter Allgemeine Zeitung (FAZ), Ukraine may need an additional 70 billion euros in 2027. These funds are needed in addition to already agreed EU assistance. About 40 billion euros are needed for defense spending, another 30 billion for other budget items.
AI outlook — possibilities, not facts
Receipt of the tranche by the end of October, subject to the adoption of laws next week.
Possible · Within weeks

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