Against the background of the war and with the aim of reconstruction, Switzerland will strengthen support for Ukraine, Swiss President Ignazio Cassis said.
“Switzerland will double the funding in the framework of bilateral cooperation with Ukraine to more than 100 million francs by 2023 … Responding to the call of the Prime Minister (Denis Shmyhal), we will allocate at least 15 million francs for digital transformation,” he said at the Conference on the restoration of Ukraine in Lugano on Tuesday.
The President added that Switzerland also allocates funds to Ukraine on a multilateral basis through the UN, the World Bank, the EBRD and other organizations.
Cassis noted that the principles formalized later on Tuesday in the Luhansk Declaration would make it easier for Ukraine to raise funding for the Recovery Plan.
DOUBLE FUNDING, SWITZERLAND, UKRAINE
