US allocates $2B to Ukraine via WB

Ukraine’s Ministry of Finance has announced that it received $2 billion from the US, allocated through the World Bank (WB) mechanism to support the Ukrainian state budget, Report informs with reference to TASS.

“The state budget of Ukraine received grant funds in the amount of $2 billion from the World Bank trust fund,” the country’s Ministry of Finance said in a statement.

“The funds were provided by the United States through a World Bank Trust Fund under the Public Expenditure Support for Sustainable Governance in Ukraine project,” the agency added.

This is the second tranche from the US grant in the amount of $4.5 billion.