Eurobank allocated 1.95 billion euros for the reconstruction of Ukraine: what the funds will be spent on

According to Мін. Економіки: On November 26, a meeting took place between the leadership of the Ministry of Economy, Environment, and Agriculture of Ukraine and representatives of the European Investment Bank. The main topic of discussion was enhancing technical support for private sector projects and regional development within the Ukraine Investment Framework (UIF).

Present at the meeting were Matteo Rivellini - head of the lending operations department in Slovenia, Croatia, and the Western Balkan countries from the European Investment Bank, and the Minister of Economy, Environment, and Agriculture Oleksiy Sobolev along with his deputies - Pavlo Kartashov, Yegor Perelyhin, and Anna Artemenko.

«The main topic of the meeting is to strengthen technical support for private sector projects and regional development within the Ukraine Investment Framework (UIF)».

The participants discussed the operational implementation of the UIF program, support tools for business, and attracting private investments for economic recovery. The European Investment Bank announced its participation in the program with a total amount of 1.95 billion euros for public projects, of which 1.79 billion euros has already been spent on specific investments.

The parties also agreed on further coordination within interagency formats and increasing the exchange of technical expertise to prepare projects for the next EU financial instruments.

The meeting of the leadership of the Ministry of Economy, Environment, and Agriculture of Ukraine with representatives of the European Investment Bank was dedicated to discussing support for private sector projects and regional development within the Ukraine Investment Framework program. The participants of the meeting discussed the issue of operational implementation of the program, support tools for business, and attracting investments for economic recovery. Special attention was paid to further cooperation and coordination of actions between the parties to prepare projects for EU funding.