Press ESC to close

Ukraine: Federal Council wants to involve private sector more in recovery efforts

The Swiss private sector is to play a key role in Ukraine’s recovery. Switzerland’s Federal Council plans to make CHF 500 million available over the next four years to better involve the private sector in these efforts. The funds will come from the CHF 1.5 billion earmarked for Ukraine in the International Cooperation Strategy 2025–28. In addition, the Federal Council intends to provide CHF 66 million to support early recovery in the east of the country as well as the reconstruction and modernisation of basic infrastructure in the areas of energy security, water supply and public transport. All of this was decided by the Federal Council at its meeting on 26 June 2024.

Read More