Ukraine to continue receiving EU's macro-financial aid in 2018-2019, Poroshenko says


Ukraine reached an agreement with the European Union to extend the macro-financial assistance program for 2018-2019.

"We have agreed that next week the European Commission will issue a communiqué on a very ambitious macro-financial assistance plan for 2018-2019. Three tranches. It will have the same volume and will start operating in January 2018," President of Ukraine Petro Poroshenko said at the press conference of the Eastern Partnership summit in Brussels on Friday, Nov. 24, Censor.NET reports citing Interfax-Ukraine

According to him, the aim of macro-finance assistance is to stimulate Ukraine in carrying out reforms.

"We have an agreement not to disclose the figures, but since you are very well read, we agreed that the volumes will be nearly the same…," the president said, answering the question whether this assistance program from the EU would be the same as the previous one, which was EUR1.8 billion.

Read more: Poroshenko vows to make every effort for Ukraine to get EU's aid

Head of the EU Delegation to Ukraine Hugues Mingarelli earlier said in an interview with the European Truth e-magazine that Ukraine may lose the opportunity to attract EUR 600 million of macro-financial assistance from the EU, unless it meets a number of requirements.

The ambassador said that there are still four unfulfilled conditions for the country's getting the macro-financial aid: removing the moratorium on untreated timber exports, launching automatic e-declarations checks, passing the law on NBU's credit register, and introducing checks of information on beneficial owners of companies.

Read more: US House of Representatives supports granting Ukraine $350M in aid
Источник: https://censor.net.ua/en/n463946