City
Epaper

Ukraine needs $14.1 bn for reconstruction this year

By IANS | Updated: April 6, 2023 13:50 IST

Kiev, April 6 Amid Russia's full scale invasion of Kiev, Ukraine needs about $14.1 billion this year to ...

Open in App

Kiev, April 6 Amid Russia's full scale invasion of Kiev, Ukraine needs about $14.1 billion this year to implement rapid recovery in war-affected areas, the Finance Ministry said.

Out of the amount, some $3.3 billion has been allocated from the state budget, and the government hopes to raise the remaining funds from donors and the private sector, Xinhua news agency quoted the Ministry as saying in a statement.

According to the statement, Ukraine plans to collect part of the money through the Multi-Agency Donor Coordination Platform.

This year, the government will focus on rapid recovery in such areas as energy infrastructure, humanitarian demining, and restoration of damaged housing.

The reconstruction of critical and social infrastructure, and support for small and medium-sized businesses are also among government priorities.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: KyivRussiaXinhuaFinance MinistryRussian parliamentPakistan russiaRus
Open in App

Related Stories

InternationalTurkish Oil Tanker MT Altura Carrying One Million Barrels of Russian Crude Hit by Drone in Black Sea Near Istanbul

InternationalRussia Blocks WhatsApp: Meta-Owned Company Says Country Trying to Isolate Over 100 Million Users

InternationalStabbing Attack at Russian University: Four Indian Students Injured in Knife Attack at Ufa Hostel

MaharashtraSunetra Pawar Gets Excise, Sports, Minority Portfolios; CM Devendra Fadnavis Takes Finance, Planning

MaharashtraSunetra Pawar Responds to PM Modi’s Wishes After Taking Oath as Maharashtra’s First Woman Deputy CM

Politics Realted Stories

PoliticsOpposition parties will face anger of women over their stance on quota bills, Congress biggest opponent of OBCs: Amit Shah

Politics"BJP used women as a shield": DMK MP Kanimozhi says oppn parties "stand united and defeated the bill"

PoliticsStripping women of their rights is old and corrupt mindset of Congress: Mansukh Mandaviya

Politics"Congress and its allies established that they are anti-women": Kiren Rijiju after Constitutional Amendment Bill defeat in LS

PoliticsTamil Nadu CM MK Stalin lauds unity of Opposition against Delimitation Bill