By KYIV. Dec 9 (Interfax-Ukraine) – The U.S. International Development Finance Corporation (DFC) will provide the Ukrainian Catholic University (UCU) with a technical assistance grant in the amount of $460,000.
According to a DFC press release, DFC CEO Scott Nathan signed the document on Thursday.
The DFC support will allow UCU to expand online learning, update curricula and include new courses for students to address needs during conflict and post-conflict recovery.
The technical assistance is based on a $6.2 million DFC loan provided to UCU in 2019.
"DFC is committed to supporting the private sector in Ukraine. We were here before the war. We are here now, and we will be here after this horrible and illegal war ends. We are eager to work together to help address the country’s urgent development needs and we look forward to helping plan for Ukraine’s long-term recovery," Scott Nathan said.
"The United States continues to stand with Ukraine by providing the humanitarian, economic, and security assistance Ukraine needs to defend itself from Russia’s barbaric aggression and ongoing attacks on civilian infrastructure. DFC’s support to Ukraine demonstrates how the United States can enable the private sector to help Ukraine endure and, ultimately, prevail," said U.S. Ambassador to Ukraine Bridget Brink.
"We are grateful to the American people for the strong support of Ukraine, in particular, DFC, whose funding helped support the UCU. We look forward to further fruitful cooperation, because together we are stronger," Ukrainian Catholic University Rector Bohdan Prach said.
DFC is working with private sector companies, the Ukrainian government and its allies, and international financial institutions to identify ways to provide financial support to Ukraine now and during the country’s reconstruction after the war.
