Donors reduce volume of technical assistance to Ukraine by 25%

Ukraine received $928.32 million in international technical assistance in 2017, which is $321 million (or 25%) less than it received in in 2016, as recounted in a report by the Ukrainian Ministry of Economic Development and Trade.

In 2016, international technical assistance increased by $1,245.66 million.

In 2017, the government signed 13 international treaties and other bilateral documents on technical and financial cooperation worth a total of more than $927 million. Parties to the treaties include the European Union, the United States, Japan, the United Nations, and the International Bank for Reconstruction and Development (IBRD).

Simultaneously, in the second half of 2017, Ukraine implemented 453 international technical assistance projects with an estimated value of $5.5 billion, of which $2.4 billion was financed by the Chernobyl Shelter Fund and the Nuclear Safety Account.

Ukraine’s largest donors are the United States (about $ 370 million per annum) and the EU (about € 310 million per annum).

Other donors include Canada, Germany, the Netherlands, Sweden, Switzerland, Japan, Denmark, the UN, the World Bank, and the IBRD.

In 2018, Ukraine plans to attract about $700 million in international technical assistance.

As expected, the largest donors for Ukraine will be the US ($200 million), the European Union ($250 million), and the UN (about $137 million).

  assistance to Ukraine, Ukraine