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PM Shmyhal: France ready to provide Ukraine with 2 billion euros in financial aid

by The Kyiv Independent news desk April 14, 2023 4:20 PM 1 min read
Ukraine's Prime Minister Denys Shmyhal shakes hands with French Economy Minister Bruno Le Maire during their meeting in Washington, DC, on April 14, 2023. (Denys Shmyhal/Twitter)
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France is ready to supply Ukraine with 2 billion euros (about $2.2 billion) as part of a long-term program, according to Ukrainian Prime Minister Denys Shmyhal.

Part of the funds will be used for Ukraine’s reconstruction, Shmyhal said on April 14 after his meeting with French Economy Minister Bruno Le Maire.

The two officials met at the 2023 Spring Meetings of the World Bank Group and the International Monetary Fund (IMF), taking place on April 10-16 in Washington, DC.

On April 12, Shmyhal said that the World Bank would provide Ukraine with an additional $200 million in aid to restore its energy infrastructure, heavily damaged by Russian mass attacks.

World Bank: Ukraine needs $411 billion for recovery
The World Bank has increased its assessment of Ukraine’s needs for recovery and reconstruction to at least $411 billion based on the damages caused by the first year of Russia’s all-out war, Bloomberg reported on March 23. This figure is equivalent to 2.6 times Ukraine’s projected gross domestic pro…
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