Friday, 23 May 2014

World Bank okays $1.5 bln in loans for Ukraine under three new programs #EuroMaidan

World Bank okays $1.5 bln in loans for Ukraine under three new programs: "The



World Bank's Board of Executive Directors on Thursday approved three new projects for Ukraine amounting to $1.48 billion that will help drive forward the essential structural and macroeconomic reforms, the World Bank said in a press release.



"The country's leaders are determined to improve public services and back much-needed reforms, and we're determined to help them," the press release quotes World Bank Group President Jim Yong Kim as saying.



The three projects approved by the Board on Thursday are part of the World Bank Group's overall assistance to Ukraine announced in March this year, which aims to provide up to $3.5 billion by the end of 2014."



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