Switzerland to allocate over $160M to Ukraine this year

Switzerland will allocate 150 million francs (about $164 million) in humanitarian aid to Ukraine in 2024, the Federal Department of Foreign Affairs (FDFA) said, Report informs via TASS.

In addition, within the framework of the international cooperation strategy for 2025–2028, the Swiss Federal Council plans to provide Ukraine with additional assistance worth 1.5 billion francs ($1.64 billion) during this period.

"Switzerland intends to make an important contribution to the support and recovery of Ukraine," the statement reads.