Ukraine will present a list of investment projects for 2025 and expects to receive €4.1B from the EU.

Wednesday, July 24, 2024
Ukraine will present a list of investment projects for 2025 and expects to receive €4.1B from the EU.

Prime Minister Denys Shmyhal announced that the Cabinet of Ministers plans to present a prepared list of public investment projects for 2025 to its partners in September.

“Thus, in conditions of limited financial resources, we will effectively allocate funds to obtain the best result for the state and communities,” he said.

The prime minister clarified that the potential financing for public investment includes projects at both the state and local levels. Shmyhal explained that the Strategic Investment Council was created to determine priorities and prepare a single portfolio of public investment projects. According to him, this is necessary for effective communication with partners who provide Ukraine with the financial resources to implement these projects.

At the same time, Shmyhal added that Ukraine expects to receive a €4.1B tranche this September from the EU. He explained that Ukraine has successfully fulfilled 2024’s second quarter indicators in the Ukraine Facility program and received a positive assessment from the EC regarding reforms in the budget, customs, anti-corruption, and energy spheres.

 

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