November 19, 2024
The World Bank will allocate a new loan to Ukraine: $660 million will be spent on it thumbnail
Economy

The World Bank will allocate a new loan to Ukraine: $660 million will be spent on it

The Cabinet of Ministers supported attracting a loan from the International Bank for Reconstruction and Development for 662 million dollars to finance social protection programs.”, — write: www.epravda.com.ua

The Cabinet of Ministers supported attracting a loan from the International Bank for Reconstruction and Development for 662 million dollars to finance social protection programs.

About this reported permanent representative of the Cabinet of Ministers in the Verkhovna Rada, Taras Melnychuk.

“It was recognized as appropriate to attract a loan from the International Bank for Reconstruction and Development as additional financing for the implementation of the project “Investments in social protection to increase coverage, sustainability and efficiency (INSPIRE)” in the amount of 662 million US dollars,” Melnychuk said.

He also noted that the funds will be directed to:

  • social protection of children and families;
  • provision of benefits to citizens for payment of housing and communal services, purchase of solid and liquid household stove fuel and liquefied gas;
  • social protection of citizens who have fallen into difficult life circumstances;
  • payment of lifetime state scholarships;
  • social protection of persons with disabilities.

We will remind:

World Bank announced about a new package of support for Ukraine in the amount of 750 million dollars.

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