Ukraine lacks capacity to process huge sums in aid official admits

Largest amount of money Kyiv previously worked with was $6bn a year in 2014, Mustafa Nayyem says

Ukraine will struggle to absorb the expected billions of western private and public sector aid for its recovery not due to corruption, but a simple lack of capacity to process and invest such huge sums, a senior Ukraine official has said on the eve of the UK-sponsored Ukraine recovery conference in London.

“It is about the capacity to work with this amount of money,” said Mustafa Nayyem, the head of the Ukraine State Agency for Restoration and Infrastructure Development.

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from The Guardian https://ift.tt/oBx8NWQ

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