The European Union is set to approve the fifth tranche of macro-financial assistance to Ukraine under the Ukraine Facility, amounting to €1.35 billion. The decision is scheduled for Tuesday, November 4, as part of the EU’s continued support for Ukraine amid its economic and political challenges.
According to sources cited by European Pravda, EU member state ambassadors in Brussels endorsed the provision of the new tranche during a Coreper meeting held on October 29. The final approval will take place at the EU Council level, marking another step in the EU’s long-term financial commitment to Ukraine’s recovery and reform efforts.
This upcoming disbursement follows Ukraine’s progress on key reforms. On October 8, the Verkhovna Rada adopted two European integration bills—one establishing a payment agency in the agricultural sector and another, in its first reading, promoting legality and transparency in local self-government operations. These legislative actions are part of Ukraine’s obligations under the €50 billion Ukraine Facility programme.
In addition, in September, the European Commission approved Ukraine’s proposed amendments to the Ukraine Plan, which outlines the reforms necessary to access EU funds. The latest tranche signals the EU’s continued confidence in Ukraine’s reform trajectory and its commitment to supporting the country’s economic stability and governance improvements.
