The State Regional Development Fund in Ukraine has resumed operations following a three-year suspension due to Russia’s full-scale war. Deputy Minister for Communities and Territories Development Oleksiy Riabykin announced at a briefing on Monday that local communities will be able to submit applications for recovery project funding starting on September 1. This marks a crucial step in Ukraine’s efforts to rebuild and recover from the extensive damage inflicted by the ongoing conflict.
Riabykin emphasized that the resumption of the Fund’s operations is a direct response to the needs of local communities affected by the war. The Fund aims to support various recovery initiatives, including infrastructure repairs, economic revitalization, and social welfare programs. By reopening the application process, the Ukrainian government is signaling its commitment to long-term recovery and regional development.
The resumption of the State Regional Development Fund comes at a time when Ukraine is seeking international support for its reconstruction efforts. The Fund’s return to operation is expected to play a significant role in the country’s post-war recovery strategy, helping to restore critical infrastructure and support communities in the aftermath of the conflict.