HomeEconomyUkraine and the World...

Ukraine and the World Bank signed an agreement for $1.2 billion

Photo: Ministry of Social Policy of Ukraine

The goal of the INSPIRE project is to finance 29 types of social benefits to the most vulnerable segments of the population of Ukraine.

Ukraine will receive a loan from the World Bank for $1.2 billion to finance social payments. The Ministry of Social Policy announced this on Tuesday, December 5.

It was noted that the corresponding agreement was signed by the Minister of Social Policy Oksana Zholnovich and the Director of the World Bank for Belarus, Moldova and Ukraine Arup Banajeri.

This is a new project: Investing in Social Protection for Inclusion, Sustainability and Effectiveness (INSPIRE). Its purpose is to finance 29 types of social benefits to the most vulnerable segments of the population, as well as to support reforms in the field of social protection in Ukraine.

“The INSPIRE project is financed by a $1.2 billion World Bank loan from the ADVANCE Ukraine Trust Fund, which is supported by the Japanese government,” the statement said.

It was previously reported that the World Bank will provide $700 million to Ukrainian farmers through the program Available loans 5-7-9.

The World Bank insured the first investment projects in Ukraine against war risks.

New Correspondent.net on Telegram and WhatsApp. Subscribe to our channels Athletistic and WhatsApp

Source: korrespondent

- A word from our sponsors -

Most Popular

LEAVE A REPLY

Please enter your comment!
Please enter your name here

More from Author

- A word from our sponsors -

Read Now

Racers fired from RSZO on Stepnorsk – abandoned bodies of the guy

Yesterday, July 26, Russian invaders struck the Fore Fire reactive systems on the front, the village of Stepnogorsk Zaporzhzhiy. .in_text_content_22 {width: 300px; Height: 600px; } @Media (min-width: 600px) {.in_text_content_22 {width: 580px; Height: 400px; }} .Adsbygoogle {Touch-Action: Manipulation; } A private house...

In the Sumi region, two men are bending, drowning in the past

In the Sumi region, two men aged 56 and 50 were killed on the border of the Esman community as a result of the mini. .in_text_content_22 {width: 300px; Height: 600px; } @Media (min-width: 600px) {.in_text_content_22 {width: 580px; Height: 400px; }} .Adsbygoogle {Touch-Action: Manipulation; } ...

Trump Terfeni from Putin-Rubio

US President Donald Trump is losing his patience and a desire to continue to expect steps from the Russian side in order to put an end to the war in Ukraine. .in_text_content_22 {width: 300px; Height: 600px; } @Media (min-width: 600px) {.in_text_content_22 {width: 580px; Height:...

Dronos got into the General Electric Company in the Volgograd area of the Russian Federation (Vidido)

In the village of the Otibra region, Volgograd Russian Federation attacked an electric substation in the railway area. .in_text_content_22 {width: 300px; Height: 600px; } @Media (min-width: 600px) {.in_text_content_22 {width: 580px; Height: 400px; }} .Adsbygoogle {Touch-Action: Manipulation; } The corresponding video appeared...