Germany's assistance reaches 500 million euros for 20 years – Economic Development Ministry

Germany's assistance reaches 500 million euros for 20 years – Economic Development Ministry

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Ukrinform
Ukraine’s Ministry of Economic Development and Trade has reported that the volume of Germany's technical assistance to Ukraine exceeded 500 million euros for 20 years.

This was reported by the press service of the Ministry of Economic Development and Trade.

"The volume of international technical assistance of Germany has exceeded 500 million euros for 20 years. As of today, 27 projects with a funding volume of 250 million euros are in active phase, and they are executed by the German Society for International Cooperation (GIZ) and the Reconstruction Credit Institute (KfW)," the report reads.

The largest amount of assistance was directed to the priority areas, namely: 106.5 million euros to the restoration of Donbas and support for internally displaced persons and 92.8 million euros to the regional development, decentralization, good governance.

It is also reported that new projects are being prepared, in particular, on development of social infrastructure and housing support programs for internally displaced persons, development of municipal infrastructure in eastern Ukraine, with an approximate amount of support of 49 million euros.

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