Home » World » World Bank Grants Ukraine $1.5 Billion for Reconstruction and Restoration

World Bank Grants Ukraine $1.5 Billion for Reconstruction and Restoration

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Ukraine will receive $1.5 billion from the World Bank. The money will be used for reconstruction and restoration, said Prime Minister Denys Shmyhal, writes Reuters.

“The loan will help support subsidies for internally displaced persons and provide pension payments,” Shmyhal said.

According to him, the government of Japan will act as a guarantor of sending funds.

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2023-06-30 20:30:00

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