Sweden and Canada allocate $2 million for restoration of Donbas
The governments of Canada and Sweden have allocated $2 million for the restoration the Donbas, as reported on the website of the Ministry for Temporarily Occupied Territories and Internally Displaced Persons of Ukraine.
"As part of the target fund of many partners, the first $2 million was allocated for the restoration and development of peace in Donbas. The funds were provided by the governments of Canada and Sweden and will be administered by the World Bank in accordance with the priorities defined by the state target program 'Restoration and Development of Peace in the Eastern Regions of Ukraine" the report says.
It is noted that the Target Fund manages the funds of the international donor community, which are directed to support the restoration and development of peace in the Donbas.
Grant funds will be used to finance priority projects implemented in pursuance of the state target program ‘Restoration and Development of Peace in the Eastern Regions of Ukraine’, as well as "The Strategy for the Integration of Internally Displaced Persons and the Introduction of Long-Term Decisions on Internal Displacement for the Period until 2020 ".
Last year, Ministry for Temporarily Occupied Territories and Internally Displaced Persons launched a portal on projects to restore the Donbas. Local governments are able to contribute to the portal data on their needs, which will allow donors to understand where to send assistance, and later provide the opportunity to report on the use of funds.