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Espreso Global reconstruction of ukraine Ukraine to receive USD 1.9 billion from participants of Lugano reconstruction conference

Ukraine to receive USD 1.9 billion from participants of Lugano reconstruction conference

7 July, 2022 Thursday

01:03

reconstruction of ukraine

Ukraine's Prime Minister Denys Shmyhal notes that the participants of the conference in Lugano will allocate almost USD 2 billion to support Ukraine

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He announced this on Telegram.

"We are grateful to the Government of Switzerland, Sweden, Great Britain, the World Bank, the EBRD, the EIB, as well as private Ukrainian and international business for this solidarity," - Shmyhal said.

According to him, Ukraine will receive USD 600 million as financial support and more than USD 500 million for the agricultural sector.

In addition, according to the agreements in Lugano, more than USD 500 million will be allocated to support Ukraine for heat supply and almost USD 250 million for the development of digital transformation.

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