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Ukraine will attract USD 1.2 billion from the IBRD to support the social sector

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Ukraine will attract USD 1.2 billion from the IBRD to support the social sector

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At a meeting on 27 October, the Government adopted a decision that will allow Ukraine to attract USD 1.2 billion from the World Bank Group (the International Bank for Reconstruction and Development) to support the social sector. This was announced by Prime Minister Denys Shmyhal.

“These are funds under the guarantees of the Government of Japan, which we will use for social protection of Ukrainian families and children, social protection of people with disabilities and other important social programmes,” the Head of Government said.

The Prime Minister stressed that the assistance of international partners was helping to restore the economy and finance key budget expenditures.

The Odessa Journal
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