World Bank discusses budget support program with leaders of Ukraine

The World Bank is discussing a budget support program with the leaders of Ukraine which provides guarantees in the amount of $800 million, as stated by Cyril Muller, Vice President of the World Bank, in an interview with ZN.UA.

“This assistance will, in fact, partially fund the costs associated with repayment of Ukraine’s debts. The program provides for the provision of 800 million dollars to the government of Ukraine. Also, we are now discussing a number of projects in the energy sector, and we hope to attract investments in these projects. And we would like to support the changes that will take place in the agricultural sector. Of course, our assistance will not be limited to this. We will develop a number of projects related to the medical sphere, protection of society, and business development,” noted the World Bank representative.

Earlier, the World Bank warned that Ukraine needs to bring the draft bill to create an anti-corruption court in line with the recommendations of the Venice Commission if it wants to receive World Bank guarantees worth $800 million.

  World Bank, Ukraine