WB to allocate major grant to Ukraine

The World Bank will send Ukraine a grant of 88.5 million euros from the Trust Fund for Economic Recovery, Prime Minister of Ukraine Denys Shmyhal wrote on his Telegram channel, Report informs.

“During our meeting, Finance Minister Serhiy Marchenko signed an agreement with the World Bank on issuing a grant to Ukraine for 88.5 million euros from the Trust Fund for Development Policy in the field of economic recovery,” he wrote.

He added that Kyiv needs financial assistance to support citizens affected by Russia’s actions.