EBRD to invest up to EUR 3 billion in Ukraine over next two years
- Oops!Something went wrong.Please try again later.
Read also: Ukraine loses up to 90% of wind, solar energy amid Russia’s invasion, says minister
The official said that she had met Ukrainian President Volodymyr Zelenskyy in Kyiv to express solidarity and admiration for the courage and resilience of Ukrainians.
“With well over EUR 1 billion in investment this year, the EBRD is financing Ukraine’s real economy in the face of Russia’s aggression,” Renaud-Basso tweeted.
“I told President Zelenskyy that our commitment is for the long term and we will invest up to EUR 3 billion in 2022-2023 to support the economy, the private sector and the urgent reconstruction of vital infrastructure.”
Read also: Ukraine allocates over $136 million to regional governments to restore infrastructure
In turn, Zelenskyy noted that the visit of the EBRD President is an important signal of support for Ukraine.
“Today our cooperation is more relevant than ever, because now due to the large amount of destruction caused by missile strikes and kamikaze drone attacks, we need to work on the rapid recovery of our country,” he said.
Earlier the EBRD downgraded the growth forecast for Ukraine’s economy in 2023 from 25% to 8%, against the calculations made in May.
Help NV continue reporting on the Russian invasion
Read the original article on The New Voice of Ukraine
