World Bank approves $350 million loan for Ukraine

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The World Bank has approved a $350 million loan for Ukraine in support of reforms that are critical to its economic recovery and to help mitigate the impact of the coronavirus pandemic, the bank said.

Ukrainian government said earlier this month it expected to receive this loan by the end of June after securing a $5 billion loan program from the International Monetary Fund on June 9.

The bank said late on Friday that the key reforms supported by the loan included a strengthening land and credit markets, fostering anti-corruption institutions and bolstering the social safety net for the vulnerable elderly population to cushion the impact of the COVID-19 pandemic. The World Bank is a major development partner of Ukraine and since the country joined the Bank in 1992, its commitments to Kyiv have totaled about $14 billion for more than 80 projects and programs.

Source: Loan Digest (loandigest.net)

 

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That’s nice.. can you also report joe Biden illegal deals and favours for Ukraine. Which his son profited from?!? Might help people to know how the presidential candidate really is?!? There’s telephone conversations to prove this. Report on that also if you are real news qanon

make me squeal

World Bank has become backbone for all economies to survive post pandemic era.

Guess trump didn’t give them enough

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