Ukraine already knows where to get the first UAH 110B for reconstruction.

The government has identified four key funding sources for Ukraine’s recovery program, Prime Minister Denys Shmyhal said.

1. First, UAH 17B of confiscated funds from Russian banks have already been directed to the Fund for Liquidation of the Consequences of Armed Aggression.
2. The second source of funding is from the state budget. This year, UAH 35.5B will be directed to the proposed Fund from NBU profits.
3. The third source of funding is from international partners. The US has decided to allocate $1.4B (UAH 56B) for Ukraine’s reconstruction.
4. The fourth source is the funds from donors from all over the world, which are being collected through the United24 platform.

Shmyhal clarified that the total amount for recovery from sources already identified is about UAH 110B ($3B). In total, Ukraine expects to receive $17B (UAH 680B) to restore its damaged properties.