Prime Minister: Government approved a EIB resourse worth EUR 1 billion to direct to reconstruction of damaged critical infrastructure objects

Communications Department of the Secretariat of the CMU, posted 26 July 2022 19:04

The support of our allies today is one of the two main pillars of Ukraine's economic stability, stressed Prime Minister Denys Shmyhal at a session of the Government on July 26.

The Head of Government informed that the previous day the European Investment Bank had agreed to disburse EUR 1.6 billion to Ukraine, with a EUR 1 billion out of this sum to be allocated promptly.

“This resource will be used for measures to gear up for the heating season, restoration of damaged electricity, water and heat supply facilities as well as other residential and communal infrastructure objects. We are to approve the corresponding protocol order today,” noted the Prime Minister.

Besides, Denys Shmyhal noted that the Cabinet of Ministers had approved an appeal to the Government of the United States of America regarding the provision of a "gas lend-lease" to our state to ensure a stable heating season: “Preparations for the most challenging winter in our history continue, and in this process we are looking for all possible tools to get ready for any scenario.”