UN Development Program to allocate $1B for restoration of Ukraine

The United Nations Development Program together with partners will transfer $1 billion for the restoration of Ukraine, Prime Minister of Ukraine Denys Shmyhal said on Telegram, Report informs via RBC-Ukraine.

The head of UNDP, Achim Steiner, during a meeting with the Ukrainian prime minister in Kyiv, said that the UN, together with partners, will transfer $1 billion for Ukraine.

The prime minister said that during the meeting they spoke about Ukraine's needs for rapid recovery and humanitarian demining. They also touched upon the issues of support for relocated enterprises and small and medium-sized entrepreneurs who lost their business during the war and want to start it from scratch.

"UNDP is ready to help in these matters. In particular, initiatives are being prepared to train and retrain entrepreneurs, develop export industries. UNDP will also support the restoration of energy infrastructure," Shmyhal said.