13:11 04.09.2017

U.S. provide largest financing of donor projects in Ukraine in H1 2017

2 min read
U.S. provide largest financing of donor projects in Ukraine in H1 2017

The United States became the largest donor of Ukraine in the international technical assistance projects in H1 2017, financing 104 projects by $1.5 billion, Ukraine's Economic Development and Trade Ministry has reported.

The ministry said on its website that in January-June 2017, a total of 415 projects for $5.32 billion were being implemented in Ukraine under the international technical assistance program.

Since early 2017 cooperation with international donors slightly grew year-over-year, while the number of the projects fell by 57. The country started cooperating with new donors – Norway and Poland, the ministry said.

The largest donors were also the European Bank for Reconstruction and Development - $671.1 million for 39 projects, the European Union - $326.5 million for 139 projects. Another $206.9 million was injected to 26 projects by Germany, $150.3 million to 20 projects by Canada and $20.9 million to seven projects by Japan, according to the ministry.

The he largest amounts of financing were earmarked to national security and defense - 21%, nuclear safety - 21%, management and civil society - 13%.

According to the ministry, from the beginning of 2017 some 68 projects worth $137 million were completed. A total of 31 projects for $ 86 million were launched during this period.

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