Subsidy of UAH 2.3 bln to be used for implementation of 66 regional projects – Ministry of Restoration

20:07, 21.02.2024 1 min read

The government has approved the distribution of a subvention in the amount of UAH 2.3 billion to local budgets for the current year for the implementation of 66 projects within the Emergency Loan Program for the Reconstruction of Ukraine, the press service of the Ministry of Communities, Territories and Infrastructure Development (Ministry of Restoration) reported.

According to the report, 66 projects related to the restoration of social infrastructure and housing and communal services in war-affected regions were previously approved by the European Investment Bank (EIB).

The ministry recalled that the implementation period of the Emergency Loan Program for the Reconstruction of Ukraine, implemented in cooperation with the EIB, ends in December 2024. The financial agreement provides for a loan of EUR 200 million to implement projects for the restoration and modernization of the infrastructure of territories affected by Russian aggression and regions hosting a large number of internally displaced persons.