Ukraine to found the way to get three system loans

Source

APK-Inform

1442

On April 10, 2014 the Ministry of Economic Development and Trade of Ukraine in cooperation with the World Bank founded the way to get three multi-sector system loans for stabilization of the finance and economic situation in Ukraine, support of the Ukrainian government strategic reforms and the state budget financing.

The representatives of the World Bank mission and the central executive departments discussed and coordinated the reforms' measures which should be included into the program on strategic and institutional reforms, supported by the World Bank.

According to the representatives of finance institute mission, the Board of Directors of the World Bank to consider and approve the first loan for development in May, 2014 that will allow to sign the loan Agreement between Ukraine and IBRD and get the funds at the amount of 500 mln USD to the budget.

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