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World Bank, $ 1.5 billion for Ukraine

2022-06-08 08:43:35Kosova&Bota SHKRUAR NGA REDAKSIA VOX

World Bank, $ 1.5 billion for Ukraine

The World Bank has approved $ 1.49 billion in additional funding for Ukraine, the institution said in a statement Tuesday. 

It is part of a more than $ 4 billion support package that will help pay government and social worker salaries. 

"The final round of financing is supported by financial guarantees from Britain, the Netherlands, Lithuania and Latvia," the statement said.
Nearly $ 2 billion of the total pledged finances have already been paid in Ukraine. 

The statement said the funds would also help support the World Bank's project portfolio in Ukraine, including projects on "water supply, sewerage, heating, energy, energy efficiency, roads, social protection, education and healthcare". .

At the end of April, the Ukrainian Ministry of Finance estimated that it would cost $ 5 billion a month in the short term to keep the country's economy functioning.


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