World Bank to allocate $230M to Ukraine to fight COVID-19 by Dec.

The World Bank is ready to allocate $230 million to Ukraine by December 2021 as part of the COVAX initiative, the Ukrainian Finance Ministry's press service has reported.

According to the report, a meeting was held between Finance Minister Serhiy Marchenko and World Bank Regional Director for Belarus, Moldova and Ukraine Arup Banerji.

"The parties discussed the project 'Ukraine Emergency COVID-19 Response and Vaccination.' Arup Banerji noted that the Bank is ready to allocate $230 million to Ukraine by December 2021 under the COVAX global initiative," the report said.

Both parties also discussed the allocation of additional funding to combat the COVID-19 pandemic, financial and banking sector reforms, the implementation of pension reform in Ukraine and the conditions for obtaining a Second Economic Recovery Development Policy Loan (DPL).

A $350 million loan agreement between Ukraine and the International Bank for Reconstruction and Development (IBRD) was signed in June 2021 for the First Economic Recovery Development Policy Loan.

Photo: Finance Ministry's press service

op

UkrInform

Ukraine and world news. Ukrinform brings the latest news, daily news, political news, business news, social news, cultural news, sports news, international news

https://www.ukrinform.net/

Related news
Almost 19,000 land agreements registered in Ukraine.

Almost 19,000 land agreements registered in Ukraine.

As of September 20, Ukraine registered 18,771 agreements on the purchase and sale of agricultural land, Ukrinform reports, referring to the press service of the Ministry of Agrarian Policy and Food.

UkrInform

All-Civilian SpaceX Crew Returns to Earth

All-Civilian SpaceX Crew Returns to Earth

Four space tourists safely ended their trailblazing trip into orbit Saturday with a splashdown in the Atlantic off the Florida coast. Their SpaceX capsule parachuted into the ocean just before sunset, not far from where their chartered flight bega...

Jesse Watters: The FBI failed America

Jesse Watters: The FBI failed America

'Watters' World' host highlights decades of corruption at the FBI and its latest coverup #FoxNews #JesseWatters #Watters Subscribe to Fox News! Watch more Fox News Video: Watch Fox News Channel Live: FOX News Channel (FNC) is a 24-hour all-encompa...

Judge Jeanine: This is how terrorists are made

Judge Jeanine: This is how terrorists are made

'Justice with Judge Jeanine' host slams Joe Biden as the 'Liar in Chief' and the 'real threat' to America #FoxNews #JudgeJeanine Subscribe to Fox News! Watch more Fox News Video: Watch Fox News Channel Live: FOX News Channel (FNC) is a 24-hour all...

SpaceX's 1st all-civilian crew returns

SpaceX's 1st all-civilian crew returns

The all-civilian crew splashed down successfully Saturday night after spending three days in space. #ABC #ABCNews #CrewDragon #SpaceExploration #SpaceX #ElonMusk

Lara Trump: This is terrifying for the future of our country.

Lara Trump: This is terrifying for the future of our country.

Fox News contributor reacts to indoctrination in the US school system on 'Justice with Judge Jeanine' #FoxNews #JudgeJeanine Subscribe to Fox News! Watch more Fox News Video: Watch Fox News Channel Live: FOX News Channel (FNC) is a 24-hour all-enc...

1 282

Nightly News Full Broadcast (September 18th)

Nightly News Full Broadcast (September 18th)

Confusion after FDA rejects Pfizer booster shot, fiancé of missing woman nowhere to be found, and Southern border crisis apparent in Del Rio, Texas.

1 98