The World Bank launches a $10 billion support program for Ukraine.
12.10.2024
502
Journalist
Svyatenko Tamara
12.10.2024
502
The World Bank has approved the creation of a special financial trust fund for Ukraine for $10 billion.
This was announced by the Prime Minister of Ukraine Denys Shmyhal during a Cabinet meeting.
Another extremely important news this week was that the Board of Directors of the World Bank approved the creation of a special financial trust fund for Ukraine. - he said.
The main donors of the fund will be the United States and several other countries, and in the future, the size of the fund may be increased if new donors join.
The fund's resources will be directed to support Ukraine's budget, including salary payments and social expenses, as well as for critical needs for the country's recovery.
Ukraine is also considering the possibility of creating a large-scale investment fund to support business development.
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