Ukraine received over $100 million loan from the World Bank

12 May 2023, 18:40 | Economy
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Ukraine has received loan financing from the World Bank in the amount of 132 million US dollars, the press service of the Ministry of Finance reported on Friday.

Credit funds were received in the general fund of the state budget of Ukraine following the results of cooperation within the framework of the program "

The loan was provided under the Loan Agreement between Ukraine and the International Bank for Reconstruction and Development.



According to the Minister of Finance of Ukraine Serhiy Marchenko, this money will continue to maintain the financial stability of Ukraine and reimburse priority costs, in particular in the agricultural sector, to improve the situation in the food industry and ensure food security in Ukraine..

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Previously, the European Commission allocated another 1.5 billion euros to our state as part of macro-financial assistance during 2023.




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