Ukraine has high hopes for the so-called second Marshall Plan, but it is necessary to restore and reform the state now.

This was said by Oleksiy Chernyshov, Minister fpr Communities and Territories Development of Ukraine, during the panel “Paving the way to a successful and inclusive process of Ukraine’s recovery” as part of the conference on the recovery of Ukraine in Lugano, Switzerland, Ukrinform reports.

“It must be understood that the recovery will have three main stages: the first will take place during the war, under martial law; after the end of the war – this is the reconstruction of the basic infrastructure and the provision of basic services for the population; the third stage is the famous Marshall Plan... The fact is that the Marshall Plan will happen only after the second stage is completed... But we are not in the position to wait for the war to end,” noted Oleksiy Chernyshov.

The Minister said that it is about about tens of billions of dollars, which will be tied to the conditions of structural reforms, and “no one will finance Ukraine until it is reconstructed, and it is not about infrastructural reconstruction”.

Recovery is important even now, said Oleksiy Chernyshov. According to him, it is necessary to ensure “emergency recovery” where possible, especially in the de-occupied regions; it is necessary to prepare for the winter (heating) season, to restore the infrastructure that was significantly damaged and in some places destroyed.

The recovery of Ukraine, the Minister said, is possible under the condition of several factors: structural reforms, rule of law, fight against corruption, and judicial reform.

He also noted that decentralization has given municipalities a lot of resilience against Russian aggression.

As it is known, on July 4-5, Lugano, Switzerland, is hosting a Ukraine Recovery Conference.