Categories: economy

Ukraine will receive $ 150 million from WB.

The decision was taken at a meeting of the Board of Directors on 2 may.

The world Bank (WB) has decided to grant Ukraine a new loan of $ 150 million. The decision was taken on Tuesday, may 2 at the meeting of the Board of Directors of the organization.

About this informed the Agency “TASS”, citing informed sources in the Bank.

A loan is Export-import Bank of Ukraine under sovereign guarantee.

The report notes that earlier “Ukreximbank” reported that the goal of this project is to increase access to long-term financing for “export-oriented small and medium-sized enterprises”.

Initially, the project was expected to approve a simplified procedure, without discussion, on March 31. However, then manual WB decided that a new loan must still be discussed at a meeting of the Board of Directors in the usual manner, which was done, the report said.

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