The World Bank has confirmed its readiness to use the ProZorro public procurement system to procure goods, labor and services in Ukraine, according to a posting on the website of the Economic Development and Trade Ministry of Ukraine.

"The World Bank has finished the appraisal of the ProZorro public procurement system: the bank confirmed its readiness to use the system for its procurement in Ukraine for two procedures," First Deputy Economic Development and Trade Minister Maksym Nefyodov wrote on his Facebook page on Thursday.

The ministry said that the World Bank assessed the system to see that the ProZorro meets the requirements of the Multilateral Development Bank (MDB).

Nefyodov said that the World Bank also approved a list of changes required for other types of procurement.

"First of all, this is a possibility of holding multicurrency auctions," he said.