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Launch date: 2014
Active donors: Austria, Denmark, Finland, France, Germany, Italy, Japan, Latvia, the Netherlands, Norway, Poland, Slovenia, Sweden, Switzerland, the United Kingdom, the United States of America and the European Union.
Highlights
The Ukraine MDA was established to support Ukraine’s efforts to reform its economy, improve its business climate and restore sustainable growth. The Ukraine MDA has constituted an integral part of the EBRD’s operational approach towards the country and played a critical role during the war. Since its founding, the Multi Donor Account’s focus has predominantly been on supporting the uptake of reforms through comprehensive policy engagement and capacity building. Projects supported by the MDA, such as the Business Ombudsman Council, Ukraine Reform Architecture (URA), National Investment Council and Prozorro online procurement have helped anchor key policy reforms and stabilise the economy, paving the way for investments.
In 2023, following the decision of the Contributors to extend the lifetime of the fund to July 2029, the scope of eligible activities under the fund was expanded. Activities continue to focus on stabilising Ukraine’s macroeconomic situation and fostering Ukraine’s growth rebound, as well as now supporting the country in the EU accession process and efforts to reconstruct its economy and recover, during the war and after its end.