The Ukraine Facility is a medium-term instrument that has the objective to support Ukraine’s recovery and reconstruction, gradual integration into the internal market, as well as, inter alia, the adoption and implementation of the political, institutional, legal, administrative, social and economic reforms required to align to Union values and to progressively align to Union rules, standards, policies and practices (the acquis) with a view to future Union membership, thereby contributing to mutual stability, security, peace, prosperity and sustainability. It is therefore appropriate to provide for amounts stemming from the Ukraine Support Loan to be utilised through the Ukraine Facility. Chapter III of Regulation (EU) 2024/792 provides for financing to Ukraine upon satisfactory fulfilment of the conditions laid down in the Ukraine Plan, which sets out the reform and investment agenda of Ukraine. The Ukraine Plan should be updated to reflect that additional budget assistance, including measures to strengthen the rule of law and the fight against corruption.
Text as published in the Official Journal, reproduced verbatim (including any typographical quirks of the source). For the authentic version, see EUR-Lex.
