Another $17B needed this year for Ukraine’s rapid recovery this year - PM
This was announced by Prime Minister Denys Shmyhal during a government meeting, Ukrinform reports.
"At the same time, Ukraine needs another $17 billion this year to achieve rapid recovery. It is about the reconstruction of the energy industry, people's homes, humanitarian demining, critical infrastructure, and restoration of the economy," Shmyhal said.
Video: Telegram channel of the Prime Minister of Ukraine
Shmyhal recalled that Japan has already announced financial assistance to Ukraine in the amount of $5.5 billion for the reconstruction of infrastructure, and the Norwegian government – a multi-year support program worth EUR 7.5 billion, which will be directed to the military, economic, and humanitarian spheres.
"Such steps of solidarity demonstrate a new strategic approach to supporting Ukraine. All this foreign aid and support will be converted into a stronger and more stable Ukraine," the head of government added.
As reported, on February 20, Prime Minister Denys Shmyhal held a meeting with the International Monetary Fund Governor, Kristalina Georgieva, and the Fund’s team, and announced that Ukraine expects to launch a new program worth over $15 billion.
Photo: Cabinet of Ministers of Ukraine