EBRD Support For Wartime Ukraine Hits €7.6 Billion As Bank Commits New Funding At Recovery Conference
By Nigina Mirbabaeva Bank to administer new project preparation facility Ukraine FIRST, accelerating reconstruction and development of vital infrastructure The European Bank for Reconstruction and Development (EBRD) is strengthening its support for Ukraine’s economy and future reconstruction with a new package of projects, policy and partnerships. At the Ukraine Recovery Conference (URC) in Rome on 10-11 July, the Bank signed extensive financing and pre-financing agreements that bring total EBRD financing deployed in wartime Ukraine to €7.6 billion(US$8.9billion). The EBRD, Ukraine’s largest institutional investor, has significantly increased its financing to the...
