7 Jul 2022 10:25

Ukraine agrees on additional $1.9 bln assistance at conference in Lugano - PM

MOSCOW. July 7 (Interfax) - Besides the Ukraine Recovery Plant draft, Ukraine has agreed on additional assistance of about $1.9 billion at the international conference in Lugano, Ukrainian Prime Minister Denys Shmyhal said.

"About $1.9 billion is the sum of agreements reached in Lugano in support for Ukraine," Shmyhal said on social media on Wednesday, as reported by Ukrainian media outlets.

There will be $600 million for financial support, over $500 million for development of the agrarian sector (storing, better logistics, and liquidity for enterprises), over $500 million for preparations for the hearing season, and almost $250 million for development of digital transformation projects, he said.

"We are grateful to the governments of Switzerland, Sweden and the United Kingdom, the World Bank, the EBRD, EIB, and private Ukrainian and international businesses for their solidarity," Shmyhal said.