Sweden pledges €500 mln for Ukraine's reconstruction
The Swedish government announced on Monday it would allocate six billion kronor (€520 million) in aid for Ukraine's reconstruction and reform facilitation to help the war-torn country on the way to EU membership.
Sweden's international development cooperation minister, Johan Forsell, said the funds were part of a newly designed assistance strategy for Ukraine and would be provided between 2023 and 2027, the Guardian reports.
He said that the financing is a "base plate" for Swedish aid to Ukraine.
"This is the largest and most ambitious bilateral strategy that Sweden has developed, ever," Forsell said at a press conference. "Additional specifically directed investments will come on top of this. In the long term we want to see not just one, but two blue and yellow flags in Kyiv — the Ukrainian and the European."
Funds would be directed to help rebuild Ukrainian infrastructure and healthcare facilities, increase Ukraine's access to fossil-free energy and transition to greener technologies, and strengthen security and human rights protections.
