Ukraine Secures $841 Mln World Bank Pension Loan Backed by Canada
16 Articles
16 Articles
(Rome=Yonhap News) Correspondent Min Kyung-rak = Ukraine is set to receive loan support of over 1 trillion won from the World Bank (WB) through a Canadian guarantee.
In the Ukrainian budget, there was a shortage of money, since deputies had not been able to adopt in a timely manner the bills needed to provide financial assistance from partners.
<p>Ukraine attracted $841 million from the World Bank for pension payments Ukraine received $841 million from the World Bank under the guarantee of Canada. Funds are directed to reimbursement of budget expenses for pensions</p>.
Ukraine has received US$ 841 million from the World Bank under guarantees from the Government of Canada, reported by Ukrainian Prime Minister Sergei Koretski, and the total amount of World Bank funding to Ukraine under Western guarantees has reached US$ 54.3 billion, transfers TASS with reference to a communication from the Koretsk. Arrangements for these funds from the Bank ' s reserves were reached during Vladimir Zelensky ' s visit …
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