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The World Bank allocated €300 mln for Economic Recovery in Ukraine.

The World Bank allocated €300 mln for Economic Recovery in Ukraine.

Ukraine has received an €88.5M grant from the World Bank fund and expects €495M more.

Today, the Board of Executive Directors of the World Bank approved the Second Loan for the Development of Economic Recovery Policy in Ukraine for 300 mln. These funds will be used to support reforms critical to economic recovery and growth and mitigate the effects of the COVID-19 pandemic.

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