Funds are provided at a zero interest rate for 15 years (taking into account the grace period for deferring loan repayment – 7.5 years).
On August 15, Ukraine received a 200 million euro soft loan from Italy. This was reported by the Ministry of Finance.
It is noted that the funds are provided at a zero interest rate for 15 years (taking into account the grace period for deferring loan repayment – 7.5 years).
The proceeds will be directed to the salaries of teachers of general secondary education institutions.
It will be remembered that the loan agreement between Ukraine and Italy was signed on August 5.
It was also reported that by the end of the year Ukraine expects to receive up to $16 billion in external financing from Western partners.
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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.