The Swedish government has approved the allocation of SEK 1.4 billion (more than EUR 126 million) to support the World Bank's new crisis mechanism providing assistance to Ukraine.
The Swedish government said this in a press release seen by Ukrinform.
"Ukraine's resilience must not be taken for granted. Ukraine requires extensive support in order to be able to continue to pay salaries to its healthcare staff and keep its electricity grid intact. […] Ukraine is defending not only its own freedom, but ours as well," said Minister for International Development Cooperation and Foreign Trade Benjamin Dousa.
The government said the funding will enable the provision of new loans totaling approximately SEK 4.2 billion (more than EUR 380 million) for Ukraine's reconstruction and recovery.
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