• Українською
  • Government and the World Bank have started working on the Strategy for providing Ukrainians with affordable housing, says Yuliia Svyrydenko
    Ministry of Economy of Ukraine, posted 01 March 2024 16:51

    The Cabinet of Ministers of Ukraine and the World Bank have started working on a roadmap to create a Program for Providing Ukrainians with Affordable Housing. This was discussed during an online meeting of the First Deputy Prime Minister of Ukraine - Minister of Economy of Ukraine Yuliia Svyrydenko with the World Bank team led by the WB Regional Director for Eastern Europe Arup Banerji. The Ukrainian side was represented by Deputy Ministers of Economy of Ukraine Volodymyr Kuzio and Nadiia Bihun, as well as Chairman of the Board of Ukrainian Financial Housing Company Yevhen Metzger.

    "As a result of russia's war against Ukraine, several million of our citizens have lost their homes, and even more have fled their homes because of the threat to their lives. Therefore, we must create an effective program to provide these people with affordable housing. Moreover, this program should become a driver for both the growth of the construction industry and the economic recovery of the Ukrainian economy.

    Together with our colleagues from the World Bank, we have started working on the Strategy for Providing Affordable Housing for Ukrainians. We discussed potential models for its implementation, the possibility of attracting resources from commercial banks, modernizing the eOselia program and creating effective mechanisms for insuring the housing stock against war risks. We are grateful to the World Bank team for their recommendations, professional expertise and technical support for the implementation of this project," said Yuliia Svyrydenko, summarizing the results of the meeting.

    Another topic of discussion was the possibility of creating a special fund to finance the program and involving the World Bank and other financial donors in its filling.

    During the meeting, the parties agreed to expand the circle of participants in the discussion to include representatives of the National Bank of Ukraine, the Ministry of Finance of Ukraine, the Ministry of Infrastructure of Ukraine and other interested parties.