World Bank approved USD 14.4B and EUR 2.1B worth of loans for Ukraine over 30 years

Kyiv Post | Sep 4, 2022 at 11:35 AM
  • In March 2022, an additional aid package worth more than EUR 500 million was approved and directed to the general fund of Ukraine’s state budget to cover the urgent social and humanitarian costs.
  • During martial law in Ukraine, the World Bank approved three loans, totaling EUR 1.85 billion and USD 91.16 million.
  • The financial resources received from the World Bank are used as financial and technical support for Ukraine’s state budget and help the country to implement institutional and structural reforms, as well as long-term investment projects in the priority economic development sectors.