Norway to provide NOK 1 billion to repair damaged Ukrainian infrastructure
Norway will provide Ukraine with financial aid to repair Ukraine's energy infrastructure (Photo:Embassy of Ukraine in Norway / Facebook)
The Norwegian government and the World Bank have signed an agreement to provide Ukraine with NOK 1 billion (about $100 million) for restoration of its energy system, the Norwegian Ministry of Foreign Affairs reported in a press release on Dec. 9.
"There is an urgent need to repair the electricity supply system and other infrastructure in Ukraine following Russia’s bombing campaign against civilian targets,” Norwegian Foreign Minister Anniken Huitfeldt noted.
“I am pleased that we have signed an agreement today to provide NOK 1 billion to help get repair work under way quickly.”
The aid will be provided through the World Bank’s multi-donor Ukraine Relief, Recovery, Reconstruction and Reform Trust Fund (URTF).
"The World Bank is an organization that has a proven ability to deliver and has rapidly mobilized substantial funding to help Ukraine,” the minister said.
“Channelling funding through the World Bank ensures that it will be used effectively and for the agreed purposes. It also ensures that our efforts are coordinated with those of other donors, and that the support we provide delivers maximum results.”
Earlier, Norway provided Ukraine with financial aid of NOK 300 million (about $30 million) through World Bank channels. The funds were used to pay wages for hospital workers, teachers and officials, as well as pensions and social payments.
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