Czechia Allocates USD 21 Million to Support Ukraine’s Economy

For the second year in a row, the Czech Republic has allocated more than USD 21 million for humanitarian support, development and economic assistance to Ukraine.

“In the first six months of this year, approximately half of this amount has already been spent. Czech firms will supply, for example, water treatment plants and equipment for surgical rooms or rehabilitation centres in the Dnipro region,” the Prime Minister Petr Fiala explained.

He informed that last year, the same amount of 500 million CZK was allocated for projects within the framework of humanitarian and economic assistance and for the development of Ukraine.

In particular, as part of this program, the Czech Republic contributed to the demining of war-affected agricultural areas in Kharkiv, Kherson and Sumy regions.

Czech companies have been supporting Ukraine since the beginning of the full-scale Russian invasion. Already in the first year, they began to establish contacts with new partners and travel to Ukraine on business missions. More and more Czech firms are getting involved in Ukraine’s recovery, thanks in part to government support.

“They can impress foreign investors and financial institutions with their quality… When we visit Ukraine today, we see concrete results of their work,” the Prime Minister stressed, acknowledging that the Czech economy also benefits from such cooperation.

He recalled Czech humanitarian organisations and volunteers who have raised “several billion crowns” to help Ukraine.

In addition, on 16 July, during the visit of Prime Minister Denys Shmyhal to Prague, agreements were signed under which the Czech company Sellier & Bellot will build a cartridge factory in Ukraine.

 

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