Interfax-Ukraine
15:56 19.02.2016

At least $1.5 bln required for restoration of Donbas - World Bank

1 min read
At least $1.5 bln required for restoration of Donbas - World Bank

About $1.5 billion is required for the restoration of Donbas according to the lowest estimates, and the possibility of creating a special trust fund is being considered, the head of the World Bank programs for infrastructure and sustainable development in Ukraine, Belarus and Moldova, Liudmyla Butenko, has said.

"Now we think how to raise funds, some trust fund could be created, into which other private funds could be involved," she told reporters on the sidelines of the consultations on the development of a concept of the state program to restore Donbas in Kyiv.

According to her, the World Bank Group assessed the needs of the program for the restoration of Donbas.

"According to my colleague Jean Mazurelle [senior consultant of the World Bank], according to the lowest assessment, some $1.5 billion is required," Butenko said.

She also noted that, according to the information from the State Agency for the Restoration of Donbas, at present the agency has $300 million.

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