Ukraine received a €446.8 million loan from the World Bank
Ukraine received a loan from the World Bank in the amount of 446.8 million euros, of which 424.6 million euros were guaranteed by the UK. Source: Minister of Finance of Ukraine Serhiy Marchenko “Ukraine received a loan under the World Bank project “Public Expenditure Support to Ensure Sustainable Public Administration in...
The World Bank allocated additional $1.49 billion to Ukraine
The World Bank Board of Executive Directors today approved $1.49 billion of additional financing for Ukraine under the Public Expenditures for Administrative Capacity Endurance in Ukraine Project. Source: World Bank Group President David Malpass These funds will be used to pay salaries to government and social workers, increasing the promised...
The war in Ukraine may provoke a global recession, – The Head of the World Bank
World Bank President David Malpas does not rule out the possibility of a recession in the world economy due to the war in Ukraine. He believes the impact will be “very negative”. Source: The Head of the World Bank David Malpas Malpas stressed that the crisis would be felt not only in Russia and Ukraine but also in other countries....
The World Bank will provide Ukraine with $ 4.8 billion – President of Ukraine
The World Bank will provide Ukraine with $ 4.8 billion for reconstruction. Source: The President of Ukraine Volodymyr Zelenskyy “Yesterday, during the ministerial round table, I addressed the World Bank. The result is $ 4.8 billion for the reconstruction of Ukraine,” he wrote. The President thanked for the support. “With this...
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Not only Russia. How populists destroy the greatness of the West Wednesday, October 4, 2023 - 06:27 (EEST)
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