Ukraine to receive $1.5-billion from World Bank to support reconstruction

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Ukraine to receive $1.5-billion from World Bank to support reconstruction
France Dernières Nouvelles,France Actualités
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Ukraine hopes for a modest economic recovery this year and is working with foreign partners to secure financing for so-called ‘fast’ recovery

Ukraine will receive $1.5 billion from the World Bank to support reconstruction and recovery, Prime Minister Denys Shmyhal said on Friday.

Ukraine relies on financial aid from its foreign partners to be able to cover its budget deficit. The finance ministry said it had received $3 billion in budget support from Ukraine’s partners in June, with 40% of it provided as grants.

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