Ukraine will receive a EUR 200 million grant from Germany to support internally displaced persons

Ukraine will receive a EUR 200 million grant from Germany to support internally displaced persons

The Minister of Finance of Ukraine Serhiy Marchenko signed a grant agreement with the German development bank KfW for 200 million euros, which should be directed to the support of internally displaced persons.

 

 This was reported in the German embassy in Ukraine.

 

 As noted, a total of 13.6 million people were forced to leave their homes due to the war and about half of them found a safe place in Ukraine and as internally displaced persons need financial support to meet such urgent needs as clothing, food, medicine and housing.

 

 "The Ukrainian state is doing extraordinary things to overcome the consequences of the war and provide for its citizens - especially those who were forced to leave their homes because of the war. With the help of this program, we want to further strengthen the socio-economic resilience of internally displaced persons and thus prepare the entire Ukrainian society the best foundations for economic development and recovery," said German Ambassador Anka Feldhusen.

 

 The grant agreement is aimed at such goals as:

 

 - support of social protection systems;

 

 - emergency assistance to low-income segments of the population;

 

 - providing the basis for future recovery and further economic development;

 

 The financial contribution will be paid on behalf of the Federal Ministry of Economic Cooperation and Development to the state budget of Ukraine and used to finance the Ukrainian program of assistance to internally displaced persons.

 

 In general, in 2022, within the framework of German cooperation for the development of Ukraine, support in the amount of about 600 million euros was provided. A large part of this goes to support internally displaced persons or war-affected communities.



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The Minister of Finance of Ukraine Serhiy Marchenko signed a grant agreement with the German development bank KfW for 200 million euros, which should be directed to the support of internally displaced persons.

 

 This was reported in the German embassy in Ukraine.

 

 As noted, a total of 13.6 million people were forced to leave their homes due to the war and about half of them found a safe place in Ukraine and as internally displaced persons need financial support to meet such urgent needs as clothing, food, medicine and housing.

 

 "The Ukrainian state is doing extraordinary things to overcome the consequences of the war and provide for its citizens - especially those who were forced to leave their homes because of the war. With the help of this program, we want to further strengthen the socio-economic resilience of internally displaced persons and thus prepare the entire Ukrainian society the best foundations for economic development and recovery," said German Ambassador Anka Feldhusen.

 

 The grant agreement is aimed at such goals as:

 

 - support of social protection systems;

 

 - emergency assistance to low-income segments of the population;

 

 - providing the basis for future recovery and further economic development;

 

 The financial contribution will be paid on behalf of the Federal Ministry of Economic Cooperation and Development to the state budget of Ukraine and used to finance the Ukrainian program of assistance to internally displaced persons.

 

 In general, in 2022, within the framework of German cooperation for the development of Ukraine, support in the amount of about 600 million euros was provided. A large part of this goes to support internally displaced persons or war-affected communities.