Ukraine needs $17 billion to quickly restore energy sector, infrastructure and housing – Shmyhal
In total, this year's budget deficit that needs to be financed reaches $38 billion
What happened? Ukraine needs an additional $17 billion this year for rapid recovery of the energy sector, housing, infrastructure, as well as for humanitarian demining.
Source. The government's press service.
Details. It is noted that the issue of rapid restoration of the energy system was one of the key issues at yesterday's meeting in the format of the "financial Ramstein".
"This year we need to finance a huge budget deficit of about $38 billion. Another $17 billion is needed this year for the rapid restoration of the energy sector, humanitarian demining, reconstruction of housing, critical and social infrastructure," Prime Minister Denys Shmyhal said at a meeting of the Cabinet of Ministers.
In the format of a "financial Ramstein", Ukraine is gathering key financial donors to ensure that all support is systematic, effective, and transparent.
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