Economic Emergency Aid Programme Ukraine

completed

Russia's war against Ukraine has led to a drastic decline in economic activity in Ukraine. The resulting unemployment and loss of income mean that more and more people are dependent on social benefits. A loss or significant reduction in state social spending in this situation can therefore drastically worsen the humanitarian situation for large sections of the population. This project aims to reduce the socio-economic impact of the war on the civilian population by supporting the maintenance of critical social spending and ensuring that valuable reform progress in the economic and social spheres of recent years is not reversed due to a lack of funding. The purpose of the project is therefore to provide liquidity for the Ukrainian budget to maintain state social spending and to secure economic and social reforms in the current crisis.