Ukraine receives $130M WB loan for its agriculture

Kyiv received a $132 million loan from the World Bank (WB) on May 11 to support agriculture, Report informs, citing the press service of the Ukrainian Finance Ministry.

The money was directed to the state budget of Ukraine to help implement the program "Acceleration of private investment in agriculture, Finance Minister Serhiy Marchenko said.

These funds will be used to improve the situation in the food industry and ensure food security in Ukraine.

Earlier, the Ministry of Finance announced that it had received almost 190 million euros from the World Bank to pay salaries to civil servants and teachers.