**Ukraine Receives 3.5 Billion Euros in Aid for Recovery**
In a significant boost to its recovery efforts, Ukraine has received over 3.5 billion euros in aid from international partners. This commitment was made clear by Oleksii Kuleba, Deputy Prime Minister for the Restoration of Ukraine and Minister for the Development of Communities and Territories.
The aid package includes several major agreements, totaling more than 370 million euros. These include a framework loan agreement with the Council of Europe Development Bank to finance housing certificates for Ukrainians, as well as agreements with Italy to restore cultural heritage in the Odesa Oblast and reconstruct Ukraine’s critical transport infrastructure.
**Aid from EU and Development Banks**
The conference also saw the signing of 10 agreements worth 929.3 million euros between the European Union (EU) and development banks within the Ukraine Investment Framework. These agreements will finance recovery, municipal infrastructure, energy, heat supply, transport, and business support projects in Ukraine.
**Marshall Plan-Style Reconstruction Strategy**
President Volodymyr Zelensky called for a Marshall Plan-style reconstruction strategy to help Ukraine recover from Russia’s all-out war in his opening remarks at the conference. This approach would involve significant investment and cooperation from international partners to rebuild Ukraine’s economy and infrastructure.
Zelensky emphasized that rebuilding Ukraine is not just about the country itself, but also about the benefits it can bring to other countries and businesses. “Rebuilding Ukraine is not just about our country,” he said. “It’s also about your countries, your companies, your technology, your jobs.”
**New Partnership Instruments Launched**
The conference has become a platform for presenting concrete results of recovery, effective investment management, launching new public-private partnership instruments, and strengthening trust in Ukraine as a reliable partner. This includes the launch of new partnership instruments to support Ukraine’s recovery efforts.
**World Bank Secures Additional Funding**
In addition to the 3.5 billion euros in aid from international partners, Ukraine has secured $200 million from the World Bank during the conference. This funding will be provided over the next five years to prepare Ukrainian projects for large-scale reconstruction.
This significant investment and cooperation demonstrate the international community’s commitment to supporting Ukraine’s recovery efforts. As Kuleba noted, “We received a clear message from Ukraine’s friends and partners: they are ready to invest in our recovery.”
