Ministry of Economic Development, WNISEF and USAID signed Memorandum on USD30 million assistance program
Minister of
Economic Development and Trade of Ukraine Aivaras Abromavicius, President of WNISEF
Jaroslawa Johnson and Chairman of the USAID Mission in Ukraine Jed Barton signed a memorandum of
understanding that will allow the launch of a USD30 million program of
technical support in the near future. The program provides assistance for the
development of Ukrainian exports, support for socially responsible businesses
that will create jobs for refugees, ATO veterans and other vulnerable segments of the
population, the third direction of the use of funds - professional development
of young Ukrainian managers (including the state ones) and the fourth is the
development of public - private partnerships.
Aivaras Abromavicius told that the money of the Fund, among other
things, would be used for the reorientation of Ukrainian exports to other
markets and stressed the importance of supporting social entrepreneurs.
"We will help
companies that will create jobs for vulnerable citizens - refugees, ATO veterans, Crimean Tatars and other groups of
people," Aivaras Abromavicius
underlined.
He emphasized the
need for implementing systemic changes in the country,
in particular, it is important that the state be led by high-level
professionals.
"Now our
country is actively changing and we are able to introduce the best, most
advanced, most proven management practices," the Minister of Economic
Development stressed.
He thanked the U.S.
Government, USAID and WNISEF
for macro-financial assistance aimed at supporting Ukraine as well as economic
stabilization.
"We
understand that this is a unique case when such funds are transferred for the
purpose of training public managers and resolving other structural problems – the
search for new exports markets, development of civil society in the regions,
etc. We really appreciate this opportunity," Aivaras
Abromavicius added.
Details of the
implementation of the fund’s programs will be coordinated soon.