Donors to allocate GBP 35M within three years to rebuild Donetsk, Luhansk regions

Donors to allocate GBP 35M within three years to rebuild Donetsk, Luhansk regions

Ukrinform
International donors will provide GBP 35 million over the next three years through a special fund for the reconstruction of the Donetsk and Luhansk regions in Ukraine, the Ministry for Reintegration of Temporarily Occupied Territories of Ukraine has told Ukrinform.

"Next Monday, British Foreign Secretary Elizabeth Truss plans to visit Kyiv. The main event of this visit will be the signing of a document on the establishment of the Partnership Fund for a Resilient Ukraine, with a budget of 35 million pounds," the ministry said.

According to the statement, the UK will raise a total of EUR 11.5 million for this initiative. Other participants in the project are Canada, Sweden, Switzerland and the United States.

"Since most of the partnership programs financed by the fund concern rebuilding the capacities of communities in the Donetsk and Luhansk regions and reintegration in general, the Ministry for Reintegration of Temporarily Occupied Territories of Ukraine will be responsible for the successful implementation of the project by the end of 2024," the ministry added.

Earlier, on the Rada TV channel, Deputy Prime Minister and Minister for Reintegration of Temporarily Occupied Territories of Ukraine Iryna Vereshchuk noted that a meeting had already taken place at the British Embassy in Kyiv to discuss the signing of a partnership agreement to launch the fund.

"We are partners and these 35 million pounds will be spent to help the Donetsk and Luhansk regions. And here we thank our partners from the United Kingdom, the United States, Canada, Sweden and Switzerland. We have now determined the main projects that we are going to implement in 2022. These are projects on energy efficiency and community capacity building. On January 31, I hope everything will be fine and we will sign this agreement," Vereshchuk said.

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