Kiev, April 19 (SocialNews.XYZ) Ukraine and the World Bank Group have agreed on a special program to respond to the challenges and restore Ukraine, which will enable Kiev to attract up to $6 billion, the government press service reported.
According to Ukrainian Prime Minister Denys Shmyhal, the funds, which will be raised through the International Bank for Reconstruction and Development (IBRD), will be used to restore critical, social and transport infrastructure in Ukraine, Xinhua news agency reported.
The recovery programme is due to be approved and launched this year, Shmyhal said.
Besides, Ukraine will implement joint projects with the World Bank on rebuilding its energy sector, including the heating system, as well as transport and healthcare sectors.
The total value of the projects is estimated at more than $1.45 billion.
Source: IANS
Gopi Adusumilli is a Programmer. He is the editor of SocialNews.XYZ and President of AGK Fire Inc.
He enjoys designing websites, developing mobile applications and publishing news articles on current events from various authenticated news sources.
When it comes to writing he likes to write about current world politics and Indian Movies. His future plans include developing SocialNews.XYZ into a News website that has no bias or judgment towards any.
He can be reached at gopi@socialnews.xyz
This website uses cookies.
