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The Prime Minister announces projects with the World Bank worth $1.5B.

The Prime Minister announces projects with the World Bank worth $1.5B.

World Bank on glass building.

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 the energy field for the Re-Power project. Last week, the agreement was signed in Washington for the first $200M to restore energy and heat supply systems in Ukrainian cities.

Moreover, the RELINC project will obtain $585M of investment in transport infrastructure.

In the field of health care and hospital rehabilitation, the Heal Ukraine project will receive $368M.

Also, as the head of the government added, Ukraine has agreed with the Security Council group on the Special Program for responding to challenges and restoring Ukraine for up to $6B in additional financing from the IBRD. The program is expected to be approved and launched this year.

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