Ukraine will attract more than US$1 billion in soft loans from the World Bank and €150 million from the EU.
Source: Ukraine’s 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 government’s 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 US$750 million support package for Ukraine.
Support UP or become our patron!
