World Bank to provide additional $200 mln to Ukraine to restore energy
The World Bank will provide an additional $200 million to Ukraine to restore the energy sector, Prime Minister Denys Shmyhal has announced.
"In Washington, an agreement was signed with World Bank Managing Director of Operations Anna Bjerde. The restoration of Ukraine begins this year, and energy is one of our priorities. The funds raised from the World Bank will be used to restore the network and heat supply systems in Kyiv, Kharkiv, Mykolaiv, Sumy and the cities of Chernihiv region," Shmyhal wrote on his Telegram channel.
According to him, at the meeting with representatives of the World Bank, the parties discussed joint work within the framework of the interagency donor coordination platform.
"Together with the World Bank, we are preparing to implement a project to insure war risks for foreign investment. It is a key tool to attract these investments now, without waiting for the end of the war," the prime minister wrote.
Advertising
Advertising
MORE ABOUT
UK Ministry of Defence announces transfer of 4 mln round of ammunition, over 1,600 missiles, 400 vehicles to Ukraine
16:57, 11.05.2024
Ukraine, Belgium start negotiations on concluding bilateral security agreement
18:35, 10.05.2024
Ukraine, Slovakia should integrate their entrepreneurship potential as much as possible – Zelenskyy
17:09, 10.05.2024
European Commission head: free Ukraine will be part of European Union soon
10:36, 10.05.2024
Hungary's position on peace, regional security important to us – Zelenskyy following talks with Orbán
18:40, 08.05.2024
LATEST
Farmers sow 4.32 mln ha with spring crops for 2024 harvest
20:50, 10.05.2024
Ukraine increases exports of scrap metal by more than half in Jan-April
20:39, 10.05.2024
After attacks on May 8 D.Trading increases electricity imports fourfold
19:31, 10.05.2024
Epicenter records 4.5-fold increase in demand for charging stations
19:09, 10.05.2024
Inflation in Ukraine in April 2024 falls to 0.2%, y-o-y remains at 3.2% – statistics