The Cabinet of Ministers of Ukraine has approved amendments to the Ukraine Plan under the Ukraine Facility programme. The update aims to strengthen its connection with Ukraine’s EU accession process, incorporate the experience gained from implementing the programme, and create the preconditions for attracting an additional €8.35 billion in support through the Ukraine Facility via the Ukraine Support Loan mechanism.
The Ukraine Plan is the key document for implementing the Ukraine Facility programme and defines the list of reforms and transformations required for economic development, the country’s recovery, and its advancement toward European Union membership.
Work on updating the Ukraine Plan continued over several months with the involvement of the European Commission, central executive authorities, Members of the Verkhovna Rada of Ukraine, and other stakeholders. This approach made it possible to align the proposed changes with the needs of reform implementation and state policy priorities.
The primary objective of the update is to strengthen the Ukraine Plan’s connection with the EU accession process. For this reason, new and revised indicators must be directly linked to Ukraine’s European integration commitments, the benchmarks of the EU accession negotiation process, and the alignment of Ukrainian legislation with European Union law. In practice, implementation of the updated Ukraine Plan will simultaneously mean the fulfilment of a significant part of Ukraine’s obligations on the path to EU membership. In this way, Ukraine Facility is gradually becoming not only an instrument of financial support and recovery, but also a practical tool for European integration.
The revision of the Ukraine Plan also takes into account the introduction of an updated approach to partial payments within Ukraine Facility. This approach allows for a more comprehensive assessment of actual progress in reform implementation, including the early fulfilment of individual steps, and makes the financing system more predictable for all parties involved in the process.
The update likewise incorporates practical experience gained from implementing Ukraine Facility. This includes improving the predictability of reform implementation, strengthening coordination among state institutions, and reducing the risk of delays in achieving indicators.
The main areas of the update cover the rule of law, energy, corporate governance, and other areas related to the fulfilment of Ukraine’s European integration commitments.
Overall, the revision proposes updating 35 steps and adding 26 new ones, including (preliminarily) 10 legislative acts and 16 government decisions. The final list of changes will be published upon completion of the approval procedures on the part of the European Union.
At the same time, the update to the Ukraine Plan preserves the strategic objectives of the reforms and the level of ambition of the state’s commitments. This concerns the further development of the instrument and its adaptation to new challenges related to European integration and the country’s recovery under conditions of full-scale war.
The update of the Ukraine Plan is a standard procedure within the implementation of the Ukraine Facility programme. A similar revision of the document has already taken place previously and is common practice for multi-year support instruments implemented jointly with the EU. In accordance with the established mechanism, following approval by the Government, the proposed amendments must be endorsed by the Council of the EU. Only after the completion of these procedures will the updated Ukraine Plan enter into force and proceed to the implementation stage.
Ukraine Facility is a €50 billion EU financial support programme for Ukraine aimed at macroeconomic stability, modernisation, reconstruction, and accelerating Ukraine’s European integration in 2024–2027. Funding is provided in tranches following confirmation that Ukraine has fulfilled the agreed structural steps.
In total, under Ukraine Facility, Ukraine has already received more than €29.4 billion in financial support as a result of the consistent implementation of the measures set out in the Ukraine Plan.
