America to allocate $54 mln to Ukraine for reforms

Source : 112 Ukraine

Financial help will go for corruption fighting, economic changes and development of democracy
08:31, 16 March 2017

US government allocated $54 million to Ukraine for reforms, reports the Voice of America.

Intergovernmental agreement was signed by the Vice Prime Minister of Ukraine Stepan Kubiv and the mission director of US Agency for International Development Susan Fritz. The tranche will be allocated for reforms in Ukraine.

“According to these agreements, Ukraine will be allocated additional $54 million to support critically important reforms. The money will go on corruption fighting, economic changes and development of democracy. I’m sure that this additional help will bring Ukrainian people one step closer to that level of democracy’s welfare they desire and deserve,” US Ambassador to Ukraine Marie Yovanovitch said.

Related: Italy allocated 1 mln euros to support victims of Donbas hostilities

The money should be used for three purposes: energy sector, adherence to the rule of law and most importantly to hold Ukrainian government accountable to citizens of Ukraine, Kubiv added.

Earlier it was reported that Luxembourg will allocate €500 thousand to Ukraine for humanitarian projects. This was announced by the Foreign Minister of the country Jean Asselborn.

Related: EU to allocate 18 million euro to help affected Donbas residents

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