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Two agreements between the Prime Minister, Ukraine and International Bank for Reconstruction

17 Sep, 2021
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Two agreements between the Prime Minister, Ukraine and International Bank for Reconstruction

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The Prime Minister of Ukraine Denys Shmyhal during a meeting with the Vice President of the World Bank for Europe and Central Asia Anna Bjerde discussed the continuation of constructive bilateral cooperation.

By Communications Department of the Secretariat of the CMU


I am grateful for the large number of projects that we are already successfully implementing together in Ukraine. Our state needs long-term programs of cooperation and investment. The most urgent objective of the Government nowadays remains mitigating the impact of the coronavirus on the economy

Denys Shmyhal
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During the meeting in the presence of the Prime Minister of Ukraine and the Vice President of the World Bank for Europe and Central Asia, two agreements were concluded:

• Guarantee Agreement (Ukraine Increasing the Sustainability of the Power System for European Integration of the Power Grid (Installation of hybrid systems for electricity production in PJSC Ukrhydroenergo) between Ukraine and the International Bank for Reconstruction and Development, acting on behalf of the Clean Technology Fund.

• Loan agreement (Ukraine Improving Higher Education for Results Project) between Ukraine and the International Bank for Reconstruction and Development.

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"I am happy that today we have an opportunity to sign two agreements. Critical projects. I am grateful to our ministries, which together with the World Bank carried out the work and preparation of these projects, and I thank the leaders of the enterprises that carried out the work to make the signing of these documents possible," said the Prime Minister.

The World Bank team noted that the organization is a reliable partner of Ukraine and stands ready for long-term cooperation.


The Odessa Journal

The Odessa Journal

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