Shmyhal presents basic aspects of Ukraine Recovery Plan

Shmyhal presents basic aspects of Ukraine Recovery Plan

During the working trip to Warsaw, Prime Minister of Ukraine Denys Shmyhal presented the United24 platform, initiated by President of Ukraine Volodymyr Zelensky, to international partners and donors.

As Shmyhal explained, the United24 is a global initiative to unite people around support for Ukraine, the Government portal informs.

The first components of the initiative are the Recovery Plan and the Recovery Fund.

"We expect that the Fund will be filled from 5 sources: assistance from partner countries and international financial organizations, assistance from large international corporations, frozen, confiscated assets of russia, contributions from individuals, assistance from international humanitarian organizations and charitable foundations," the Prime Minister said.

According to the Prime Minister, Ukraine is already working in all five areas. Three of those operate through the mechanisms of the IMF and the World Bank, two more - through the online platform U24.

Moreover, Ukraine also drafts a detailed Recovery Plan. According to PM Shmyhal, it will be underpinned by the principles of regionalism, when partner countries and corporations help to restore a particular city or region, and parametricity, ie the development of specific parameters for rebuilding and transforming each sector of the economy.

"We will not just rebuild destroyed buildings. In their place, we will implement modern architectural solutions, taking into account the principles of energy efficiency, barrier-free environment and innovation," Shmyhal stressed.

The Prime Minister underscored that the ruined Ukrainian cities would become a construction ground for the entire world, where Ukrainian architects and builders, together with their international partners, would have an opportunity to design and implement modern urban planning projects.

"We believe that the new Ukraine will be an example for the whole world, while the rapid post-war recovery and economic prosperity of Ukraine since the end of the war will be our common objective together with international partners," the Head of Government said.

According to the Prime Minister, the partnership with Ukraine will be mutually beneficial for the whole world community. And the future well-being of Ukrainians must prove once again that the path to democracy and economic freedom brings the greatest benefit to the state and its citizens, Shmyhal added.

As reported, on May 5, Prime Minister of Ukraine Denys Shmyhal makes a working visit to Warsaw to take part in the High-Level International Donors' Conference for Ukraine.

Photo: Cabinet of Ministers of Ukraine


While citing and using any materials on the Internet, links to the website not lower than the first paragraph are mandatory. In addition, citing the translated materials of foreign media outlets is possible only if there is a link to the website and the website of a foreign media outlet. Materials marked as "Advertisement" or with a disclaimer reading "The material has been posted in accordance with Part 3 of Article 9 of the Law of Ukraine "On Advertising" No. 270/96-VR of July 3, 1996 and the Law of Ukraine "On the Media" No. 2849-Х of March 31, 2023 and on the basis of an agreement/invoice.

© 2015-2024 Ukrinform. All rights reserved.

Extended searchHide extended search
By period: