EBRD support is important – Government Courier

Continuation of successful cooperation between Ukraine and the EBRD against the background of the aggressive policy of the Russian Federation is of strategic importance for security, stability and prosperity on the European continent. This was emphasized by Prime Minister Denys Shmyhal during a meeting with the President of the European Bank for Reconstruction and Development Odile Renaud-Basso. The Prime Minister noted the signing of an agreement between the EBRD and NEC “Ukrenergo” on the provision of 300 million euros for the reconstruction of high-voltage infrastructure and ensuring the financial stability of the company.

Denys Shmyhal thanked the EBRD for the help in financing the transport infrastructure. He expressed hope that the bank will support the decision on additional financing for Ukrzaliznytsia and continue cooperation with Ukravtodor.

The Prime Minister highly appreciated the EBRD’s decision to provide Ukraine with 25 million euros to support agrarian business and approved participation in the work of the Donor Coordination Platform of Ukraine. “We hope for the active involvement of the EBRD in the implementation of priority recovery within the framework of the EBRD’s support portfolio of up to 1.5 billion euros previously planned for 2023,” said Denys Shmyhal.