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  • Ukraine needs up to USD 15 billion for rapid recovery program, says Prime Minister
    Communications Department of the Secretariat of the CMU, posted 07 October 2023 09:33

    Implementation of the rapid recovery program is one of the priorities of the Government. This was stated by Prime Minister of Ukraine Denys Shmyhal during a Question Time with the Government at the Verkhovna Rada on October 6.

    "Ukraine's rapid recovery needs remain at the level of up to USD 15 billion. This year, only a part of the needs was financed, the rest of the costs will be transferred to 2024," said Denys Shmyhal.

    The Prime Minister also said that the work of the Multi-Agency Donor Coordination Platform for Ukraine had been reformatted, and now its steering committee included allies from the G7 countries and the European Union.

    "One of the key objectives of the platform this year and next year is to provide funding for recovery projects," the Head of Government emphasized.

    In total, he said, in 2023, UAH 62.3 billion was allocated from the Fund for Liquidation of the Consequences of Armed Aggression for various recovery programs. The funds were earmarked, in particular, for work on energy facilities, construction of water pipelines, construction and restoration of infrastructure facilities, a pilot project for the comprehensive reconstruction of six settlements, as well as for local budgets to implement projects in the social sphere and housing and communal services.

    The Government's eVidnovlennia program is also being actively implemented in Ukraine, with UAH 4.4 billion allocated for it. And payments for home repairs have already been approved for 16,000 Ukrainian families. Housing certificates are currently being introduced for those whose homes have been completely destroyed, and they can be used as early as November. The third component of the program is reimbursement to those who have made repairs at their own expense.

    Another important issue today is humanitarian demining, for which UAH 2 billion is envisaged in the draft state budget for 2024. According to the Prime Minister, 470,000 hectares of agricultural land in the de-occupied territories need to be surveyed in accordance with the Plan for demining agricultural land.

    "We are launching a market for humanitarian demining services through Prozorro. Landowning companies will have a possibility to purchase demining services from officially licensed operators. The state will then fully or partially reimburse the costs. This should significantly speed up the process of land clearance where possible," said Denys Shmyhal.

    In addition, according to the Head of Government, an international donor conference on humanitarian demining of Ukraine is planned to be held in Croatia soon, which is expected to attract additional financial resources from various countries, donors and organizations.

    The Prime Minister also noted that active work was underway with partners to fill the Fund for the Elimination of the Consequences of Armed Aggression at the expense of confiscated russian assets.

    Ukraine needs up to USD 15 billion for rapid recovery program, says Prime Minister