USAID will allocate $125 million for the development of the economy of Donbass

USAID will allocate $125 million for the development of the economy of Donbass

KIEV, may 12 — RIA Novosti. The U.S. Agency for international development (USAID) will provide Ukraine aid worth $ 125 million for the development of the economy of Donbass, said the Agency in Facebook.

The report said that next Tuesday in Slovyansk for this reason will be a joint press-conference of the Deputy administrator and Director, Bureau of USAID for the countries of Europe and Eurasia Brock Birman, special representative of the us state Department on Ukraine, Kurt Volker, the US Ambassador in Ukraine, Marie Yovanovitch. It “will be announced to provide additional assistance in the amount of 125 million US dollars for Donbass”.

“This additional technical assistance will be aimed at further stabilization and consolidation of Ukrainian communities in the region, increasing the stability of the local economy and accelerate its development”, — stated in the message Agency.

USAID is cooperating with Ukraine for 25 years and now supports the implementation of financial sector reform in Ukraine, provides technical and financial assistance.

Volker earlier confirmed that next week he will visit the Donbass, in order to study the situation. According to Kiev, he will come to Ukraine on may 14.

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