The Swedish government has announced that it is pledging more than $584 million to help Ukraine rebuild and implement reforms to pave its way to EU membership.
This was stated by the Minister of International Cooperation and Foreign Trade of Sweden, Jugan Forssel.
"These funds, which will be distributed between 2023 and 2027, are part of a recently developed aid strategy specially designed for Ukraine," the minister said.
He emphasized that these funds form the basis of Swedish aid to Ukraine.
"This is the largest and most ambitious bilateral strategy ever developed by Sweden. Additional targeted investments will be added to this," Forssel added.
What will the money be spent on?
It is noted that the funds will be directed to the creation of Ukrainian infrastructure and institutions, such as health care; expanding Ukraine's access to energy that does not contain fossil fuels and the transition to more ecological technologies. Aid will also be directed to strengthening security and protection of human rights.
"In the future, we want to see not one, but two flags in Kyiv. Ukrainian and European," said Forssel.
Help from Sweden
It was recently reported that Sweden will simplify and speed up the delivery of weapons to Ukraine. Minister of Defense Paul Jonson signed an agreement on security protection with our country at the NATO summit in Vilnius.
Prior to this, Sweden presented a new aid package to Ukraine for humanitarian needs and reconstruction for a total amount of SEK 380 million (EUR 32.51 million).
A month ago, the Swedish government announced a new package of military support to Ukraine. It will include, among other things, the training of Ukrainian pilots on JAS 39 Gripen fighters.
