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The World Bank has already provided Ukraine with about $18 billion

Posted on 30.11.2022

The World Bank provided emergency aid to Ukraine in the amount of 17.8 billion dollars.

The executive director of the World Bank, Marie Elka Pangestu, said this at a press conference in Berlin, Ukrinform correspondent reports.

“We support Ukraine. We provided 17.8 billion in emergency aid. These include loans, guarantees and grants,” Pangestu said.

Read also: The EU will provide Ukraine with €2.5 billion in macro-financial aid, the US has announced another $4.5 billion – Zelensky

She added that through the projects of the World Bank and trust funds have already been paid 11.4 billion.

Pangestu also noted that the reconstruction of the country should now proceed in parallel, that is what the structure headed by her is focused on.

“We also need to invest in energy infrastructure, roads and hospitals so that Ukraine is warm in winter,” she emphasized.

As reported, Ukraine will receive a $4.5 billion grant from the United States as part of World Bank financing, the Ministry of Finance of Ukraine announced the other day. The funds will be used for pension payments and separate programs of state social assistance, such as the payment of housing and communal services, support for low-income families, the disabled, and displaced persons, as well as for the payment of medical services under the medical guarantee program.

Read also: $14.5 billion should be allocated for the restoration of Mariupol from seized accounts of the Russian Federation – the mayor

On November 22, the state budget of Ukraine received 60 million dollars from the SB. Of these funds, 50 million were provided by the International Development Association on preferential terms, the remaining 10 million – as guarantees from Latvia.



https://t.me/Pravda_Gerashchenko

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