Ukraine’s government moves to green-light a 150 € million loan from  German KfW Development bank, said the prime minister office in a statement on Tuesday.

The new 15-year loan  has a comfortable 5-year deferment period  while the German federal banks’  aid  has already reached €300 million.

Denys Shmygal said the money is earmarked for ‘reconstruction of critical infrastructure and support of citizens’.

Overall, Western countries have pledged some 5$ billion in financial support to Ukraine since February 24 including the most recent 100$ million aid from Japan and $1.5 billion from the World Bank.