Netherlands allocates EUR 200M loan for Ukraine

Netherlands allocates EUR 200M loan for Ukraine

The Kingdom of the Netherlands has allocated a EUR 200 million loan for Ukraine, which will be used through the International Monetary Fund (IMF) on the day-to-day needs of Ukraine’s public sector, including the payment of salaries.

A representative of the Dutch government stated this at the Ukraine Recovery Conference in Lugano on July 5, an Ukrinform correspondent reported.

"Continuing our efforts to address Ukraine's most urgent financial needs, I am announcing today that we have provided another EUR 200 million in financial assistance. This loan will be transferred to a special IMF account. The funds will be spent on the day-to-day needs of the Ukrainian government bodies, such as salaries for civil servants, school teachers, and medical workers," said the representative of the Dutch government.

According to her, this will be another contribution of Amsterdam to the previous financial support for Kyiv, which currently totals EUR 140 million.

Read also: Switzerland to increase support for Ukraine to 100M francs

She emphasized that the Netherlands pays great importance to the problem of impunity and supports the punishment of Russian war criminals who commit crimes in Ukraine.

As reported, the international Ukraine Recovery Conference is held in the Swiss city of Lugano on July 4-5 with the participation of Ukrainian and international politicians, leaders of the EU and international organizations, international financial bodies, etc.


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