The sum would be used to cover budget needs in defense, social programs, and recovery efforts, the ministry said.
With the latest tranche, the EU has funneled 14 billion euros ($16.4 billion) to Ukraine as part of the Extraordinary Revenue Acceleration (ERA) loans initiative.
The European bloc has pledged to shoulder 18.1 billion euros ($21.2 billion) of the $50 billion loan led by the G7 and aimed at boosting Kyiv’s defense and reconstruction efforts.
Since last year, the G7 members and the EU have channeled $28 billion to Ukraine through the ERA loans.
“Since February 2022, the European Union has been the largest provider of direct budgetary support to Ukraine — 62.5 billion euros ($73.3 billion),” Finance Minister Serhii Marchenko stated in a statement.
“The matter of further utilization of frozen Russian assets for Ukraine’s needs remains on the agenda in meetings with European partners.”
The G7 members immobilized roughly $300 billion in sovereign Russian assets at the outbreak of the full-scale war, with approximately two-thirds held in the Belgium-based financial institution Euroclear.
While the EU and Belgium have opposed confiscating the assets outright — fearing legal and fiscal pitfalls — European leaders have increasingly called for a more radical approach in using them for Kyiv’s benefit.