Ukraine is the seventh country to receive a disbursement from the €3 billion emergency MFA package for ten enlargement and neighbourhood partners, which aims to help them limit the economic fallout from the coronavirus pandemic. This disbursement will contribute to macro-financial stability in Ukraine while allowing it to allocate resources towards mitigating the severe negative socio-economic consequences of the coronavirus pandemic. The disbursement follows the agreement of a Memorandum of Understanding (MoU) this summer and its ratification in mid-September as well as Ukraine's renewed engagement to continue cooperation under the IMF programme in recent weeks and its commitment to the policy programme agreed with the EU. Given the emergency nature of this support, the first disbursement is not conditional on the fulfilment of any specific policy conditions. The disbursement of the second tranche will be conditional on fulfilling the eight specific measures laid down in the MoU.