Business news from Ukraine

Switzerland allocates over EUR 60 mln to support Ukraine in digitalization

7 June , 2024  

The Swiss government has allocated CHF 58.7 million (EUR 60.6 million at the NBU exchange rate – IF-U) to continue supporting Ukraine in the field of digitalization and e-government over the next four years.

The decision was made by the Federal Council at a meeting on June 7, the Swiss government’s press service reports.

“Thus, Switzerland promotes democratic reforms in Ukraine through digitalization and at the same time increases the transparency of public services. Both areas are crucial for Ukraine’s recovery,” the statement said.

Switzerland will provide a total of 58.7 million Swiss francs in the period 2024-2028. The funding will come from the regular budget for international cooperation and will focus in particular on projects in regions directly affected by the war and important for the country’s future recovery. Some of the key areas will include health, education, and humanitarian demining.

It is noted that Switzerland will announce its support in the field of digitalization and e-government at the next Ukraine Recovery Conference, which will be held on June 11 and 12, 2024 in Berlin.

,