The UK will help Ukraine finance the salaries of officials, schools and hospitals

26 June 2022, 12:10 | Economy
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The UK government provided $525 million in loan guarantees to maintain macroeconomic stability in Ukraine. This was reported by the press service of the British government.

It is noted that such a decision will increase the amount of loans from the World Bank in case Ukraine has a shortage of funds to finance government spending..

The proceeds of the loans will be used to pay salaries to public sector employees, as well as the maintenance of schools and hospitals..



The allocated funds increase the total amount of UK financial support, including loan guarantees, to $1.5 billion, and the total economic and humanitarian assistance to Ukraine to $1.8 billion in 2022.

" Such a policy would directly lead to high inflation and a humanitarian catastrophe in the country.. Great Britain.

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The British Ambassador said that the British who offered housing, more Ukrainians seeking asylum.




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