The World Bank will cover the salaries of Ukraine’s state employees.
Thursday, May 12, 2022

The World Bank will cover the salaries of Ukraine’s state employees.

 The World Bank will provide Ukraine with an average of $200M a month to pay civil servants and teachers, for a total of $1.5B, said Deputy Minister of Finance of Ukraine Roman Yarmolychev. He assured that the Ministry of Finance is constantly looking for alternative sources of financing for the needs of the state. He clarified that the project reimburses state budget expenditures made to pay for government employees and salaries to teachers of general secondary education. On average, the World Bank will refund $200M a month, reported ukrinform.

Previous post
The US has passed $40B in financial aid for Ukraine.

The US has passed $40B in financial aid for Ukraine.

Next post
After the two-day drop, oil prices climb 6% on concerns about Russia.

After the two-day drop, oil prices climb 6% on concerns about Russia.

Previous Main Topics