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Ukraine Needs $17 Billion In Additional Financing For Energy Repairs, PM Says


An electrician checks damage at a power plant after a rocket attack in Kyiv on January 26.
An electrician checks damage at a power plant after a rocket attack in Kyiv on January 26.

Ukraine will need an additional $17 billion in financing this year for energy repairs, demining, and to rebuild infrastructure, Prime Minister Denys Shmyhal said on January 27. He told a government meeting that five high-voltage substations in the central, southern, and southwestern regions were hit during Russia's air attacks on January 26. The energy sector has been severely damaged following four months of Russian missile and drones attacks. Shmyhal said the government hosted a meeting with Western partners this week to coordinate financial support in a transparent and efficient way. To read the original story by Reuters, click here.

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