Ukraine received $1.34 billion under World Bank project: Finance ministry

Ukraine received $1.34 billion under the World Bank's public expenditures for administrative capacity endurance in Ukraine, the Ukrainian finance ministry said on Monday. The ministry said in a statement the financing consisted of a $1.086 billion loan from the World Bank, $190 million grant from Norway, $50 million grant from the United States and $20 million grant from Switzerland. The ministry said the funds would be used to partially compensate for non-security and defence-related expenditures of the Ukrainian state budget.

from World News Headlines, Latest International News, World Breaking News - Times of India https://ift.tt/gGyTWV9

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