Ukraine to receive US$1 billion from World Bank and more funds from EU
www.pravda.com.ua
Fri, 15 Nov 2024 15:31:35 +0200
Ukraine will attract more than US1 billion in soft loans from the World Bank and 150 million from the EU.
Source Ukraines Prime Minister Denys Shmyhal Details According to Shmyhal, this money was accumulated thanks to the governments of Japan and the United Kingdom.
In addition, another governments decision will result in an additional 150 million from the EU.
Quote Within the framework of this agreement, the money will be directed to the rebuilding of port infrastructure and rapid reconstruction projects, Shmyhal told reporters.
In addition, 65 million will be used to fund a free nutrition programme for elementary school students in 2025.
Background The World Bank has unveiled a new US750 million support package for Ukraine.
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