When the limit of possible crediting of Ukraine was exhausted, the bank exchanged certain obligations with European institutional banks so that it would be possible to give more funds to Ukraine. This Monday, November 13, during a meeting with the Chairman of the Verkhovna Rada of Ukraine, Andrei Parubiy, told the World Bank Group President Jim En Kim.
At the same time, he called important areas of reform for further investment in health, land reform and the fight against corruption. According to the president of the WB group, increasing the transparency and opening of the land market will increase investment in Ukraine. He also believes that the arrival of investors in this sector will lead to increased productivity.
For millions of people who own unit shares and land plots this is additional income from renting, this will give an opportunity to fill the budget and release funds that can be directed to other areas, in particular, to health care, "he explained..
Recall, as reported URA-Inform, the World Bank has authorized the International Bank for Reconstruction and Development to provide a loan of $ 560 million to finance the development of the road industry in Ukraine.