Business news from Ukraine

Business news from Ukraine

GERMANY TO PROVIDE EUR 20 MLN TO FINANCE CONSTRUCTION OF HOUSES FOR IDPS IN 2017

9 November , 2016  

KYIV. Nov 9 (Interfax-Ukraine) – The German government intends to provide EUR 20 million to finance projects to build and reconstruct houses of internally displaced persons (IDPs) in 2017.

The press service of the Ministry for the Temporarily Occupied Territories and Internally Displaced Persons of Ukraine, the ministry is responsible for distribution of the funds.

The money will be provided in the form of grants to support construction and reconstruction projects.

The total sum agreed on by the governments of the two countries as part of technical and financial cooperation is EUR 72 million.