Switzerland to allocate Ukraine almost USD 100 million to rebuild energy infrastructure
Federal Council of Switzerland allocated CHF 100 million Swiss francs (almost USD 100 million) for restoration of Ukraine's energy infrastructure.
Swiss government reports on its portal.
“At its meeting on 2 November 2022, the Federal Council adopted the Winter Aid Action Plan to support the people of Ukraine. In addition to its existing humanitarian undertaking in Ukraine and the region, it is making CHF 100 million Swiss francs available for
projects to support the urgent rehabilitation of energy infrastructure and alleviate the precarious humanitarian situation,” country's government noted.
Switzerland will help Ukrainian energy companies to purchase energy sources and spare parts. It also participates in the repair of rail fastening systems (for transporting heavy loads such as grain) and provides humanitarian support.
The country is also looking for ways to supply Ukraine with additional types of aid: generators, pumps or water purification plants.
Federal Council will submit a request to parliament for additional 76 million Swiss francs to cover these costs.
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