Ukraine will receive 6 billion euros from the European Union in the next two months, Prime Minister Denys Shmyhal said on Friday.

The government expects to receive 4.5 billion euros in March and another 1.5 billion euros in April, Schmihal told a cabinet meeting, Reuters and News.ro reported.

“This year, we aim to receive approximately 16 billion euros from the European Union. Ukraine will have the necessary resources to fight and win. This is our key goal and we will do everything possible for it,” Schmihal said.

With the war against Russia now in its third year, Ukraine is critically dependent on the economic and military support of its Western allies.

Billions of euros in economic aid provided in the first two years of the war helped the government maintain macroeconomic stability, curb inflation, and ensure timely payments of pensions and public sector wages.

Ukraine directs most of the revenues of the domestic budget to finance defense.

Data from the Ministry of Finance showed that in 2022 and 2023, Ukraine received about $73.6 billion in external financing.

But in the first two months of this year, Kyiv received only $1.2 billion, as the main funding packages were delayed or blocked.

Finance Minister Serhii Marchenko said the country needs about $3 billion a month to get by in 2024.

Last month, the European Union approved a four-year funding program for Ukraine worth 50 billion euros, while military and economic aid from the United States remains at a standstill.

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