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Ukraine will receive $11B for recovery by summer and is counting on additional aid for $2B.

Germany launches the National Platform for the Reconstruction of Ukraine.

Consequences of the Russian war in Ukraine. Izyum, Kharkiv region

Minister of Finance Serhiy Marchenko notes that the total recovery needs this year are $14B, with the state budget providing $3.3B. Discussions are ongoing regarding $1.5B from the US, which has also allocated $800M to energy infrastructure recovery.

Japan has provided $400M in grant aid from JICA and $23M to MIGA. Also, Ukraine expects the announced €1B from the EU.

In addition, the World Bank created the URTF fund, which should accumulate $2B by the end of the year. The fund has provided about $1.1B in potential donor contributions to date.

Ukraine is also counting on a new fund from the International Development Association, SPURR, for $2B.

Potentially, Ukraine can receive up to $6B in aid. Denmark will also create a €1B special fund for Ukraine. Sweden will allocate 1.8B francs over the next six years.

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