Ukraine’s $1.5 Billion World Bank Loan for Reconstruction and Restoration: Find out more!

2023-06-30 20:30:00

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Ukraine will receive $1.5 billion from the World Bank. The money will be used for reconstruction and restoration, said Prime Minister Denys Shmyhal, writes Archyde.com.

“The loan will help support subsidies for internally displaced persons and provide pension payments,” Shmyhal said.

According to him, the government of Japan will act as a guarantor of sending funds.

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