On August 16, the German Ministry of economy announced the financing of infrastructure restoration projects in Ukrainian cities devastated by the war. The parties accumulated a total budget of €11.45 million, part of which was provided within the framework of the Support for the rapid economic recovery of Ukraine municipalities and ReACT4UA projects, and part — through the joint efforts of the communities.
As of today, the amount of damage caused to Ukraine by Russia is $150.5 billion, of which $55.9 is damage to the housing stock of Ukraine. Thus, 2 projects to be financed by Germany are aimed at restoring the provision of water/gas/electricity to Ukrainian settlements. The remaining 10 are for the restoration of temporary resettlement of internally displaced persons and business premises (offices, co-working spaces) to provide Ukrainians with the opportunity to work and earn for living.
