25 Jan 2023 13:32

EBRD to invest at least 1.7 bln euros in Ukraine in 2023

MOSCOW. Jan 25 (Interfax) - The European Bank for Reconstruction and Development (EBRD) will maintain the same level of investments in Ukraine in 2023 as in 2022 (1.7 billion euros), Ukrainian media quoted EBRD Managing Director for Eastern Europe and the Caucasus Matteo Patrone as saying.

The EBRD will not reduce investments in 2023, Patrone said at an EBRD conference on Wednesday. Rather, the bank wants to maintain the same quantity of activities as in 2022, if not more, but it is obvious that the bank ought to remain extremely flexible as regards avenues for investing, he said.

The organization's focus will remain generally on the same issues as last year, including food security, infrastructure and private sector sustainability, Patrone said.

However, the structure of these fields may change depending on the situation, he added.

The EBRD will probably put greater focus on logistics, transport and municipal infrastructure in 2023, he said.