The European Investment Bank will allocate 560 million euros to Ukraine for infrastructure rehabilitation projects - Shmyhal
Kyiv • UNN
Ukraine signs a memorandum with the European Investment Bank to receive €560 million for energy projects, transportation infrastructure, housing reconstruction, and economic recovery.
Ukraine has signed a memorandum with the European Investment Bank to allocate 560 million euros for projects in the energy sector, transport infrastructure, and housing rehabilitation. This was announced by the Prime Minister of Ukraine Denys Shmyhal on his Telegram channel, UNN reports .
Details
This year, Ukraine will receive €560 million for projects in the energy sector, transport infrastructure, housing rehabilitation, as well as for projects that will support our economic recovery and Ukrainian business. The relevant memorandum was signed with EIB President Nadia Calvino
According to him, Kyiv is looking to accelerate work on current projects and focus on preparing new EIB investments in critical public and private initiatives.
The Memorandum will contribute to the rapid recovery of Ukraine and bring us closer to the European Union
Recall
The head of the International Monetary Fund, Kristalina Georgieva, says Ukraine needs $42 billion in budget support this year to continue fighting the Russian invasion.