Switzerland will provide $1.7 billion to Ukraine
Support for Ukraine will be provided as part of the international cooperation strategy for 2025-2028
The Swiss government promises to provide Kyiv with long-term financial support. In addition to the already promised 300 million Swiss francs, Bern intends to allocate another 1.5 billion francs ($1.7 billion) to Ukraine by 2028.
This was stated by Swiss Foreign Minister Ignazio Cassis, speaking in Washington at the annual joint spring meeting of the World Bank and the IMF.
In 2023-2024, Ukraine will receive 300 million francs (over $338 million).
In total, over the next six years, Switzerland plans to transfer at least 1.8 billion francs (over $2 billion) to Ukraine.
Background. As reported, Western countries have accused Switzerland of "not freezing" Russian assets enough.
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