2023-06-22 16:35:52
Ukraine on Wednesday called on Western countries to agree to new aid of 5.5 billion euros (5.4 billion francs) for the reconstruction of the country in the next twelve months, claiming to face the biggest project of reconstruction in Europe since the Second World War.
“We have set ambitious goals to secure commitments of this amount on the occasion of this conference,” Ukrainian Prime Minister Denys Chmygal said at a summit in London for the reconstruction of Ukraine. .
Ukrainian Prime Minister Denys Shmygal asked his allies for additional financial efforts at the summit for the reconstruction of Ukraine in London. [AP Photo/Kirsty Wigglesworth – Keystone]
European and American aid
British Prime Minister Rishi Sunak unveiled a vast aid package for Ukraine, including $3 billion (2.7 billion francs) in additional guarantees to unlock a World Bank loan.
The European Union plans to provide additional aid of 50 billion euros for 2024-2027. US Secretary of State Antony Blinken has promised 1.3 billion dollars (1.17 billion francs).
German Foreign Minister Annalena Baerbock said Berlin would offer 381 million euros in humanitarian aid in 2023.
Huge costs
kyiv wants up to 40 billion dollars (36 billion francs) to finance the first part of a plan to rebuild its economy, indicated before the conference a high Ukrainian representative.
Estimates released last March by Ukraine, the World Bank, the European Union and the United Nations put the cost of the first year of war at $411 billion.
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