Switzerland allocates 5 billion Swiss francs (slightly over 5 billion euros) for the restoration of Ukraine. This amount is intended to be disbursed by 2035, with 1.5 billion Swiss francs already allocated for the year 2028.

This decision was made by the Federal Council on Wednesday, April 10.

Thus, Switzerland sends a "powerful signal of solidarity" to the affected and contributes to ensuring stability throughout Europe.

In particular, these funds will help prevent migration flows. According to the Swiss government, the total cost of reconstruction works is estimated at around 440 billion Swiss francs.

The funds required for reconstruction in Ukraine are estimated at USD 486 billion (around CHF 440 billion). This World Bank estimate is based on a damage and needs analysis co-financed by Switzerland. Switzerland is already supporting projects in Ukraine that focus on rebuilding destroyed civilian infrastructure in the energy, road and healthcare sectors. In addition, Switzerland and Ukraine jointly launched the political recovery process on a broad scale at the Ukraine Recovery Conference in Lugano in July 2022. The 59 delegations from states and international organisations in attendance there agreed on the Lugano Principles, laying the cornerstones of the political recovery process.

Switzerland already supports projects in Ukraine aimed at rebuilding the destroyed civil infrastructure in the energy, transportation, and medical sectors.