EBRD to Attract EUR 513 Million to Ukraine’s Economy

Minister of Finance of Ukraine Serhiy Marchenko met with Matteo Patrone, the Managing Director of the European Bank for Reconstruction and Development for Eastern Europe and the Caucasus.

During the meeting, the parties discussed the current progress of implementation of projects supported by the EBRD in Ukraine and prospects for further cooperation.

“Despite the coronavirus crisis, our cooperation with the EBRD in 2020 is effective and successful. The EBRD actively supports the implementation of investment projects on the development of public and private sectors. We expect that by the end of the year the public sector project portfolio will be replenished with two new projects: ‘Ukrposhta JSC Development Project: Logistics Network and Rural Branch’ and ‘Trans-European Transport Network Development Project’ which will allow attracting a total of EUR 513 million to Ukraine’s economy,” Finance Minister Serhiy Marchenko said.

Natalia Tolub