Ukraine received $400 million in financial aid from Great Britain

Author:
Oleksandra Opanasenko
Date:

The state budget of Ukraine received about $400 million under the guarantee of Great Britain through the Trust Fund of the World Bank. They will be directed to pensions and salaries of doctors.

This was reported by the Ministry of Finance of Ukraine.

The funds raised are part of the fifth additional financing of the PEACE in Ukraine project "Supporting public expenditures to ensure sustainable public administration in Ukraine".

The loan is provided on preferential terms: the repayment term is 19 years with a five-year grace period.