UKRAINIAN WORLD CONGRESS

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Norway to provide over $100 million to repair damaged infrastructure in Ukraine

#StandWithUkraine
December 11,2022 414
Norway to provide over $100 million to repair damaged infrastructure in Ukraine

Norway on Friday signed an agreement with the World Bank to provide the latter with NOK 1 billion (just above $100 million) for repairing Ukrainian infrastructure damaged by massive Russian aerial attacks.

“There is an urgent need to repair the electricity supply system and other infrastructure in Ukraine following Russia’s bombing campaign against civilian targets. I am pleased that we have signed an agreement today to provide NOK 1 billion to help get repair work underway quickly,” said Norwegian Foreign Minister Anniken Huitfeldt, according to a press release.

She signed the agreement in Oslo with the World Bank regional country director for Eastern Europe, Arup Banerji.

“Channeling 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,” the minister also said,

Earlier, Norway provided NOK 300 million in budget support to the Ukrainian government administration via the World Bank to pay salaries for health care personnel, teachers and public sector employees, as well as for payment of pensions and social benefits.