Ukraine has allocated over 400 million euros from the Ukraine Facility fund to support education, healthcare, and assist citizens affected by the war.

This was reported by the State Audit Office of Ukraine.

EU Assistance to Ukraine: €400 Million for Education and Social Needs

As part of the European macro-financial assistance, the Ukraine Facility has directed over 400 million euros to support various projects.

These funds are intended for educational initiatives, healthcare services, and social support for internally displaced persons, veterans, and families of fallen soldiers.

Alla Basalaeva, head of the State Audit Office, stated that a significant portion of the funding is directed to the regions, and this amount is expected to increase until 2027 when the Ukraine Facility program concludes.

She also urged local leaders to responsibly monitor the targeted use of European funds for the declared projects.

In cases of violations, abuses, or fraud, the Audit Office will notify European partners.

According to Alla Basalaeva, the funds from the Ukraine Facility are subject to strict oversight, and auditors will carefully check all financial reports for their accuracy.

What is Ukraine Facility?

The Ukraine Facility is a document necessary for implementing the EU's financial support program for Ukraine. It aims at executing reforms that will lay the groundwork for the recovery and development of Ukraine's economy.

On October 23, the European Council finalized the allocation of a macro-financial loan to Ukraine amounting to 35 billion euros.

The loan will be disbursed using profits from frozen Russian assets.

On October 22, the European Parliament supported the proposal for a loan to Ukraine under the G7 credit, to be funded by profits from frozen Russian assets.

On August 13, 4.2 billion euros were received in Ukraine's budget from the EU under the Ukraine Facility program, which the government allocated for social programs, humanitarian efforts, and other important budget initiatives.

On June 27, an unconditional funding tranche of 1.9 billion euros was received in Ukraine's state budget from the EU under the Ukraine Facility program.