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Netherlands Announced Another Aid Package for Ukraine

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Photo for illustration
Photo for illustration

Dutch Ministry of Foreign Trade and Development has announced another aid package for Ukraine on Friday, 6 October. It will Ukrainian forces help prepare for winter, support reforms and investment

According to the official statement the majority of the new package – €60 million – will be used to provide export credit insurance for Dutch companies that want to contribute to Ukraine's recovery and start operating there. The total amount of funding for these operations will, therefore, come to €120 million.

Another €30 million will be allocated to purchase gas and supply components – transformers, switchgear and cables – to rebuild and modernise Ukraine's power grid so the country is ready for winter.

Read more: Netherlands Looks For More Patriots For Ukraine: What the Options Are

The remaining €12 million of the new assistance package will be spent to cover the areas recently liberated by Ukraine – repairing facilities for drinking water, electricity, primary healthcare and education – as well as implementing reforms through technical assistance from the International Monetary Fund.

Read more: ​The Netherlands Is Giving All its F-16s to Ukraine - This Is Just the Beginning
TAGS War