IFC is committed to mobilizing private capital to support Ukraine's economy and recovery.

The European Commission and the International Finance Corporation (IFC, a division of the World Bank) signed an agreement on guarantees of private investments in Ukraine for 90 million euros. This is reported on the European Commission portal. The guarantee agreement is expected to mobilize more than €500 million in private sector investment across all sectors.

In 2022, IFC launched the $2 billion Economic Stability Program (ERA) to support Ukraine's private sector. Since then, IFC has provided more than $650 million in financing and mobilized more than $400 million to support the technology sector, agribusiness, critical exports and imports, and financing for small and medium-sized businesses.

The total amount of EU aid to Ukraine since the beginning of the russian invasion is more than 88 billion euros. This includes the contributions of EU institutions and EU member states for economic, financial, military and humanitarian support, as well as the reception of Ukrainians in EU member states.

More details: http://surl.li/qffrw