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Sweden has allocated money for the Ukrainian energy sector

May 28, 2024

The Swedish government has approved a new energy aid package for Ukraine worth $61.6 million.

This is stated in a statement by the Swedish Ministry of Foreign Affairs published on the Swedish government portal. “The new energy support will help secure Ukraine's energy supply so that basic social services such as schools, hospitals, transportation, water supply and business can continue to function,” the statement said.


It is noted that Ukraine is currently the largest bilateral recipient of Swedish aid, and the new Swedish support for energy infrastructure is financed from the aid budget and managed on behalf of the government.

“The new support consists of two parts: SEK 500 million ($47.4 million - ed.) through the Energy Support Fund for Ukraine of the Energy Community. 150 million Swedish kronor ($14.2 million - ed.) through the United Nations Development Program (UNDP),” the Foreign Ministry said.

Swedish Minister for Aid and Foreign Trade Johan Forssell noted that Sweden's support for Ukraine “is strong and long-term.” “Russia is increasingly attacking Ukraine's energy system to disrupt vital public infrastructure. To increase Ukraine's resilience, we are now increasing our support to the energy sector,” he said.

Author - Ihor Lontkivskyi 28.05.24

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