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After the Switzerland conference, Ukraine expects to receive $1.9B in aid.

After the Switzerland conference, Ukraine expects to receive $1.9B in aid.

The EIB will allocate about €1.6B in aid to Ukraine.

 During the conference in Lugano, Switzerland, agreements were reached on financial support for Ukraine in the amount of $1.9B, announced Prime Minister Denys Shmyhal. Of this amount, $600M is provided in the form of financial support, and more than $500M is for the development of the agricultural sector in the form of funds for product storage, improvement of logistics, and liquidity provision for enterprises. In addition, Ukraine agreed to provide more than $500M to prepare for the heating season and almost $250M to develop digital transformation projects.

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