The Ministry of Economy revealed the expected assistance from the World Bank.

Monday, September 19, 2022
The Ministry of Economy revealed the expected assistance from the World Bank.

In November, the World Bank should approve a package of additional financial aid for Ukraine worth $1B, Deputy Minister of Economy Oleksandr Hryban said. Together with related financing, this amount can increase to $3.3B. The World Bank has also sent a request to the European Fund for Sustainable Development (EFSD) for $2B, and in October, it should present a trust fund to support Ukraine. Also, the World Bank’s Board of Directors should consider a proposal to allocate $36B to finance the budget deficit in 2023 and $17B to restore Ukraine’s infrastructure and economy.

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