Business news from Ukraine

Australia announces new aid package for Ukraine worth AUD31 mln

31 May , 2024  

The Australian Government will provide another AUD31 million (almost $20.6 million) in aid to meet Ukraine’s energy and humanitarian needs, according to a joint press release from the Ministers of Foreign Affairs and International Development and Pacific Affairs.

“The new contribution includes AUD20 million to the Energy Support Fund for Ukraine, which will allow the funds to be used effectively and efficiently to provide Ukrainians with heat and electricity,” the document says.

According to the document, Australia will also provide AUD10 million to the UN Humanitarian Fund to support displaced persons and vulnerable groups to increase access to basic necessities such as water, food and shelter.

A further AUD1 million has been allocated through the UN Partnership on the Rights of Persons with Disabilities to improve services for people with disabilities in Ukraine, including those in need of rehabilitation from war trauma.

“The Australian government remains steadfast in its commitment to supporting the people of Ukraine and doing its part with partner countries to ensure that Ukraine can end this conflict on its own terms,” said Minister for International Development Pat Conroy.

It is specified that in total, Australia has allocated more than AUD1 billion in aid to Ukraine, including AUD880 million in military support.

“The Albanese government (Australian Prime Minister Anthony Albanese – IF-U) unwaveringly supports Ukraine’s sovereignty and territorial integrity,” Foreign Minister Penny Wong emphasized.

The Energy Support Fund for Ukraine was established jointly by the European Commission and the Ministry of Energy of Ukraine. The Fund coordinates international donations and works in partnership with the Government of Ukraine to ensure that Ukraine’s highest priority energy needs are met.

,