The World Bank plans to provide additional assistance for the recovery of the agricultural sector of Ukraine

Source

APK-Inform

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The World Bank plans to provide additional assistance to restore the agricultural sector of Ukraine, which was announced during a meeting of Jordan Schwartz, the World Bank Director for Eastern European Affairs, and Gevorg Sargsyan the Director of Operations of the WB with Mykola Solskyi the Minister of Agrarian Policy and Food of Ukraine, the press service of the Ministry of Agrarian Policy reported.

"The parties discussed the creation of new and financing of existing programs within the framework of the support project, intended until 2025," the message reads.

In particular, it was about providing funds for affordable credit for farms under the "5-7-9" program grants to small farms.

"We also discussed the program for financing alternative energy sources for grain elevators. This will help reduce costs and increase the reliability of their services, such as drying and storage," the press service said.

In addition to this, M. Solsky emphasized the importance of supporting the reform of the irrigation system in Ukraine.

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