Business news from Ukraine

Belgium to finance recovery projects in Ukraine for EUR 150 mln

17 July , 2024  

Prime Minister Denys Shmyhal has signed an agreement with Belgian Prime Minister Alexander De Kroo to finance EUR 150 million worth of recovery projects in Ukraine.
“In particular, the funds will be used to restore energy and social infrastructure in Kyiv and Chernihiv regions,” Shmyhal wrote on his telegram channel following the online meeting.
According to him, the signed agreement simplifies the implementation of joint programs and projects, and will contribute to the recovery, economic and social development of Ukraine.
Under the agreement, the Belgian development agency Enabel will open a representative office in Ukraine.