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Ukraine receives €88.5M in grant aid from World Bank

Ukraine receives €88.5M in grant aid from World Bank

On April 29, 2022, Ukraine received grant financing of € 88.5 million. These funds have been provided from the World Bank’s Donor Trust Fund as part of the Second Development Policy Loan Program for Economic Recovery for Ukraine.

The grant funds will be directed to the general fund of the State Budget of Ukraine to ensure priority social, humanitarian, and healthcare expenditures and support for internally displaced persons.

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