The total budget of the rapid recovery fund is more than $17B.
Wednesday, July 6, 2022

The total budget of the rapid recovery fund is more than $17B.

 The Office of President Zelenskyy developed a Fast Recovery plan for the quick recovery of the social infrastructure of Ukraine and presented it in Lugano, Switzerland.  According to President’s office, the goal is to implement all the best global practices and technological solutions to quickly rebuild Ukrainian cities and towns while adhering to modern standards. “The most important mission is to provide housing, hospitals, kindergartens, and schools to the people affected by the war. Fast Recovery is a project to restore critically important damaged infrastructure with a total budget of $17.4B,” said deputy head of the President’s Office Kyrylo Tymoshenko. According to recent data, almost 40,000 objects need to be restored in the de-occupied territories. Among these are restoring approximately 400 schools, 300 kindergartens, 300 hospitals, and housing and communal services facilities as necessary.

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The Modernization of Danube ports requires $200M of funding.

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