The social development bank for Europe

Improving municipal infrastructure in Kaunas City Municipality

  • Approval date

    8 July 2022

  • Borrower

    Kaunas City Municipality

  • Country

    Lithuania

  • Loan size

    € 25 000 000

  • Line of action

    Inclusive growth
    Support for vulnerable groups

  • Status

    In progress

This additional Public Sector Financing Facility (PFF) will part-finance investments to support the City of Kaunas to achieve the policy objectives under its Strategic Development Plan, including the provision of municipal services to refugees from Ukraine, such as safe accommodation, food, psychological and social assistance, as well as children’s education and job search for adults.

Final beneficiaries: residents of the City of Kaunas and the Kaunas region, as well as refugees from Ukraine seeking shelter and refuge in Lithuania.