5 Jul 2023 11:54

Netherlands announces 118-mln-euro humanitarian, financial assistance package for Ukraine

MOSCOW. July 5 (Interfax) - The Dutch government has announced the second humanitarian and financial assistance package for Ukraine worth of 118 million euros, Ukrainian media said with the reference to a statement by the Dutch government.

"The Netherlands has allotted over 118 million euros for the second assistance package for Ukraine in 2023. This includes 93 billion euros from the 2.5-billion-euro government reserves to support Ukraine in 2023 and 25 million euros to be allotted from the foreign trade and development cooperation budget," the statement said.

Eighty-three million euros are allotted for reconstructions and healthcare in Ukraine, the statement said. This includes 58 million euros for rebuilding infrastructure and homes and creating a stock of drinking water, and 25 million euros for drugs and mobile clinics.

Ten million euros from the new assistance package will be spent on emergency assistance to the areas hit by the Kakhovka Hydropower Plant incident. The funds will be spent on rescue boats and rafts. Meanwhile, 875,000 euros will support Ukrainian human rights activists.

The statement announces the allocation of 25 million euros by the Dutch government as grants "to enable businesses and civil society organizations to contribute to the reconstruction and recovery." Such assistance targets projects, which meet Ukrainian needs and help its reconstruction and recovery, the statement said.

Businesses and organizations may apply for the grants at the Netherlands Enterprise Agency from September.

Additional financial assistance will be provided to a Ukrainian company to start a building material factory in western Ukraine. Netherlands SME will provide the equipment.

The Dutch government is also considering possible hedging of risks of companies exporting goods or investing in Ukraine with guarantees or insurance.