Business news from Ukraine

Business news from Ukraine

PRIME MINISTER ANNOUNCES THREE-STAGE PLAN FOR RESTORATION OF UKRAINE

7 April , 2022  

Prime Minister Denys Shmyhal announced a three-stage plan for the restoration of Ukraine “U-24″.
“We have already announced this plan. Let’s call it U-24. This is a plan for the restoration of Ukraine. There will be a corresponding recovery fund, which will take place in three stages,” Shmyhal said in an interview with the Ukrainian edition of the BBC.
According to him, the first stage is already underway, when the authorities are now restoring the destroyed facilities temporarily, promptly and quickly.
The second stage, according to the prime minister, is a quick recovery immediately after the end of hostilities.
“First of all, it is necessary to resume the supply of water and electricity so that people can ensure their existence in the destroyed territories,” he added.
The third stage, according to the plan, is a big stage of a full-fledged renewal of Ukrainian cities, towns, buildings, infrastructure, and the country as a whole.
“This stage will be the most costly, the longest, but we want to implement it very quickly. This should be in parallel with the political processes of Ukraine’s entry into the European Union, as was recently written in the Versailles Declaration,” Shmyhal stressed.
The Prime Minister noted that Ukraine expects to receive a questionnaire in the coming days, which is one of the stages for the country to obtain candidate status as a transitional stage before joining the EU.
“All these things support the internal expectation of a speedy end to the war, our victory and the beginning of a powerful restoration of our state according to civilized European standards. We will get a very powerful developed European country here,” Shmyhal is sure.

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