Funds will be directed to non -military needs – to pay wages to state and social workers.
The World Bank Executive Board approved additional funding for Ukraine in the amount of $ 1.49 billion, increasing the amount of WB support for Kyiv to more than $ 4 billion. It was announced on the night of Wednesday, June 8, Reuters reports.
As indicated, funds will be directed to non -military needs – to pay salaries to government and social workers.
The financial institution noted that this financing of Ukraine is supported by financial guarantees from the UK, Netherlands, Lithuania and Latvia.
In addition, the project is supported by parallel funding from Italy and contributions from a new multi-donor trust fund.
It will be recalled that Ukraine has already received part of the grant funds from the donor trust fund of the World Bank in the amount of 504 million euros.
The United24 platform raised more than $ 50 million in support of Ukraine in one month
News from Athletistic in the Telegram. Subscribe to our channel Athletistic
Source: korrespondent
I am David Wyatt, a professional writer and journalist for Buna Times. I specialize in the world section of news coverage, where I bring to light stories and issues that affect us globally. As a graduate of Journalism, I have always had the passion to spread knowledge through writing.