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Ukraine to get $1.2 billion from World Bank ...News
The latest loan brings the total in ‘emergency financing’ Kiev has been lent or promised to more than $38 billion Ukraine will receive a $1.2 billion loan from the World Bank which is being guaranteed by the government of Japan, the lender reported. The money will be used to support 29 social aid programs for “the most vulnerable people in Ukraine” under a project to invest in Social Protection for Inclusion, Resilience, and Efficiency (INSPIRE).The project is “an integral part of the international support package for Ukraine to meet its financing needs through 2024,” according to the World Bank. With today’s anno
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