World Bank reserves additional $1 bln on programs in Ukraine

11:51, 17.06.2016 1 min read

The World Bank is ready to allocate additional $1 billion on programs in Ukraine, Ukrainian Prime Minister Volodymyr Groysman has said following a meeting with World Bank Managing Director and Chief Operating Officer Sri Mulyani Indrawati in Washington.

"This is good news. The World Bank is ready to review how efficient the already planned and financed programs are, and reserve additional $1 bln for their expansion next year," the prime minister wrote on Facebook on Friday.

Groysman noted that he had "and encouraging meeting" with Indrawati.

"Agreed that the World Bank is to assist in developing a strategy for transport corridors and roads in Ukraine, assess what resources the strategy would require and determine where budgetary, credit or private funds should be attracted. We never had such a strategy before, and it can become one of the vehicles to push Ukraine's economic revival," Gorysman said.