POST Online Media Lite Edition



 

European Bank for Reconstruction and Development invests 13.5 billion euros in Ukraine

Christian Fernsby |
The European Bank for Reconstruction and Development (EBRD) has invested 13.5 billion euros (15.3 billion U.S. dollars) in Ukraine, Prime Minister of Ukraine Volodymyr Groysman said.

Article continues below




After meeting with visiting EBRD President Sir Suma Chakrabarti, Groysman said that he would work towards achieving macroeconomic stability in Ukraine and continue the course of reforms, according to a press release of the cabinet of ministers of Ukraine.

"I really appreciate the level of our cooperation. I am glad that this year we are demonstrating good growth momentum. We appreciate the support we receive in implementing the reforms. Of course, we appreciate the funds that the bank invests in the economy of the state. Your visit is another confirmation that we will strengthen cooperation despite the upcoming elections," Groysman was quoted as saying at the meeting.

Chakrabarti praised the EBRD's work in Ukraine, which he said is one of the top five country partners of the bank.

The EBRD is one of the biggest investors in Ukraine, having been involved in 427 projects.


What to read next

Here's the full list of all US infrastructure projects with federal funding
Nepal says additional $5.16 billion needed to complete post-earthquake reconstruction
U.S. DOT announces half a billion dollars in infrastructure investments