81322945-Technical Support for Ukraine"s Financial Sector on its Reform and EU Accession Path

ting under wartime conditions, with over 3.6 million internally displaced people and about 5.8 million refugees as of late 2024 and October 2025 respectively. These displacements destabilize households and local economies, while repeated Russian attacks have damaged critical infrastructure, particul

arly in the heating and energy sectors, affecting production across various industries. Additionally, financing for companies remains constrained also due to war-related risks. Despite these challenges, Ukraine sees potential for economic