Ukraine received a €200 million loan from Italy. The money will be used for teachersʼ salaries

Author:
Sofiia Telishevska
Date:

Ukraine received a €200 million soft loan from Italy. These funds will be used for teachersʼ salaries.

This was reported by the press service of the Ministry of Finance.

According to the terms of the loan agreement, the funds are provided at a zero interest rate for 15 years (taking into account the grace period of deferment of loan repayment — 7.5 years).

The funds received will be used to cover expenses for salaries of teaching staff of general secondary education institutions.