Lack of a “well-functioning public administration” holds up disbursement in €4 billion in approved European Investment Bank loans to Ukraine, Jean-Christophe Laloux, the bank’s head of lending, told the Ukraine House Davos. Noting that only €2 billion of €6 billion in approved loans have been disbursed, he said Ukraine needs to invest in public administration. “People need to be paid enough to make it a career – not to exit after a couple of years.”
Lack of a “well-functioning public administration” holds up disbursement in €4 billion in approved European Investment Bank loans to Ukraine
