Society

Ukraine will receive a $ 350 million loan from the World Bank

Ukraine will receive a $ 350 million loan from the International Bank for Reconstruction and Development (a World Bank credit institution).

This is evidenced by the relevant order of the Cabinet of Ministers of Ukraine.

This is the third loan raised from the IBRD. In early March this year, Ukraine announced a loan of 529 million euros from Deutsche Bank. It was received under a guarantee in support of state policy in the field of economic growth and fiscally sustainable services.

Earlier there were two more tranches:

  1. Tranche A in the amount of EUR 240 million with a maturity of 4 years.
  2. Tranche B in the amount of 289 million euros with a maturity of 10 years.

Natalia Tolub

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