The EU and the IFC have unlocked more than €500M in private sector investment to rebuild Ukraine. The European Commission announced the signing of a guarantee agreement with the IFC to support investment for Ukraine’s recovery. As part of the agreement, the EU will provide the IFC, a member ... #EFSD+ #ifc #InvestmentsinUkraine #UkraineRecovery #worldbank
The World Bank will help Ukrainian farmers mobilize about $1.5B in working capital. The World Bank is implementing an emergency project to provide inclusive support for the recovery of agriculture in Ukraine (ARISE). More than 90,000 farmers will receive assistance in attracting soft... #AgroInvestments #agroUkraine #ARISE #FarmersUkraine #worldbank
The World Bank has analyzed Ukraine’s ability to attract private investment with and without reforms. Today, Ukraine needs at least $411B in investments to recover. IFC and WB experts have assessed the “no reforms” scenario that was observed before the war. In this case, the involved priva... #ifc #InvestmentsinUkraine #ReformsinUkraine #UkraineRecovery #worldbank
Private investment can provide a third of Ukraine’s needs for recovery, said the president of the World Bank Group, Ajay Banga. He also noted that the World Bank positively assesses Ukraine’s course on implementing reforms. “The Minister of Finance, Mr. Marche... #AjayBanga #InvestmentsinUkraine #SerhiyMarchenko #UkraineEconomy #UkraineRecovery #worldbank
The World Bank is considering a $1.5B investment in Ukraine’s economy. The World Bank’s private investment arm is considering investing $1.5B in several sectors of Ukraine’s economy, including banking, agriculture, and infrastructure, said a senior Internatio... #AlfonsoGarcíaMora #ifc #InvestmentsinUkraine #worldbank
The Prime Minister announces projects with the World Bank worth $1.5B. According to Prime Minister Denys Shmyhal, Ukraine and the World Bank have agreed to activate joint thematic programs to reconstruct the country. In particular, the program will contribute $500M in th... #DenysShmyhal #UkraineRecovery #worldbank
The WB will require the use of the Prozorro platform for Ukraine’s reconstruction. The Prozorro e-procurement system, including the Prozorro Market e-catalogs, meets the e-procurement requirements for World Bank-financed operations. The World Bank team conducted their relevant analy... #ArupBanerjee #ProzorroUkraine #worldbank
Ukraine and the World Bank have completed the Second Road Improvement Project for $450M. In the framework of the agreement with the International Bank for Reconstruction and Development (IBRD), Ukraine has implemented the “Second Road Improvement and Traffic Safety Project, as reported b... #M03highway #UkraineHighways #worldbank #WorldBankinUkraine
The World Bank is commencing a new $100 million program for Ukrainian small and medium-sized businesses to receive soft loans for export-oriented projects, reported the Finance Ministry reports. Yesterday, the Cabinet of Ministers formally approved the long-term financing facility. #worldbank #WorldBankhelp #WorldBankLoans
The World Bank is discussing a $200 million loan for improving IT higher education , the Finance Ministry wrote on Facebook. The funds will be spent on computers and to tailoring university curricula to real world employer needs. The Digital Transformation Ministry has set a goal of... #DigitalTransformation #InvestinUkraine #ITeducation #ITukraine #worldbank