The Ukrainian Ministry of Economy states that this will reduce risks for companies investing in Ukraine.
Norway will allocate approximately NOK 250 million (more than EUR 21.3 million) in 2024 for Norfund’s investments in Ukraine. This was reported by the Ministry of Economy of Ukraine on Friday, October 4.
The funding will be provided as part of the Nansen support program for Ukraine. The government also plans to continue the initiative in the coming years.
The Ukrainian agency states that this will reduce risks for companies investing in Ukraine, including Norwegian businesses.
“Attracting private capital is very necessary to support renewal and restoration projects,” explained First Deputy Prime Minister – Minister of Economy of Ukraine Yulia Sviridenko.
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As we have already written, Norwegian Minister of Justice Emilia Enger Mehl said that the country is experiencing a refugee crisis and is forced to save not only Ukrainians, but also refugees from other countries .
Source: korrespondent
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