Ukraine and the World Bank have signed a $3.39 billion agreement to support the country’s macro‑financial stability and finance priority expenditures.
According to Ukrinform, Prime Minister Yuliia Svyrydenko announced the signing on Telegram.
“On the sidelines of URC, the Ministry of Finance of Ukraine and the World Bank concluded a package of agreements under the First Ukraine Jobs and Private Sector Growth Development Policy Operation (DPO). Today I thanked World Bank President Ajay Banga for years of support to Ukraine,” her post read.
The deal includes a $1.04 billion development policy loan, backed by a $500 million guarantee from the United Kingdom and a $540 million guarantee from Japan.
An additional $2.35 billion will come as grant financing from the F.O.R.T.I.S. Ukraine FIF fund.
