The proceeds will make it possible to provide funding for public sector employees, the Finance Ministry said.
Ukraine received a loan under the World Bank (WB) project in the amount of 446.8 million euros. This was announced by the Ministry of Finance on Thursday, June 30.
It is indicated that the funds are allocated within the framework of the Public Expenditure Support project to ensure sustainable public administration in Ukraine.
function news4490126() {
$.get(‘//’ + window.location.host + ‘/ajax/module.aspx?spm_id=444&id=4490126&lang=2&IsAjax=true’, function (data) { $(‘#nk4490126’).html(data); });
}
news4490126();
“As part of this financing, the UK guarantee is 424.6 million euros,” the Finance Ministry said.
The funds will be used to reimburse state budget expenditures made to ensure the compensation of employees of state bodies and educational institutions to the budget both at the national and regional levels.
“In the context of the war, it is important for Ukraine to maintain the potential, efficiency and sustainability of the public administration. The proceeds will provide funding for public sector employees. We are grateful to the UK government and the World team Bank in supporting Ukraine in this difficult period in our history, “said Minister of Finance Serhiy Marchenko.
The other day, Ukraine received a grant of $ 1.3 billion from the United States. These funds are allocated as part of the financing package of the state budget of Ukraine in total $ 7.5 billion.
In addition, this week Ukraine received an additional loan from Japan in the amount of approximately $ 500 million.
News from Athletistic in the Telegram. Subscribe to our channel Athletistic
Source: korrespondent
I am Dylan Hudson, a dedicated and experienced journalist in the news industry. I have been working for Buna Times, as an author since 2018. My expertise lies in covering sports sections of the website and providing readers with reliable information on current sporting events.