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Espreso Global reconstruction of ukraine France ready to provide EUR 2 billion to Ukraine: part of funds to be directed to reconstruction

France ready to provide EUR 2 billion to Ukraine: part of funds to be directed to reconstruction

14 April, 2023 Friday

20:54

reconstruction of ukraine

Ukraine’s Prime Minister Denys Shmyhal has held talks with French Economy Minister Bruno Le Maire, Ukraine may receive EUR 2 billion in aid

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Prime Minister Shmyhal shared the information on his Twitter account.

According to the prime minister, part of the funds will be directed to restore Ukraine.

"Talked to Bruno Le Maire during Spring Meetings 2023. France is ready to support Ukraine with 2 billion euros as part of a long-term programme. Part of the funds will be used for reconstruction. Thanks for the support," Shmyhal wrote.

Earlier in the day, the prime minister noted that the government needs USD 14 billion to rebuild Ukraine this year. Five priorities for rapid recovery have already been identified for this year: energy restoration, humanitarian demining, housing restoration, critical and social infrastructure, and private sector development.

Shmyhal expressed his belief that a donor platform, or "financial Ramstein," would ensure effective coordination of efforts to rebuild Ukraine.

On April 12, the World Bank allocated USD 200 million for Ukraine’s energy recovery.

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