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Ukraine will receive about $530 million from the International Bank for Reconstruction and Development

Ukraine will receive about $530 million from the International Bank for Reconstruction and Development

The Ministry of Finance of Ukraine reported on September 11, 2022, that country will receive about $530 million from the International Bank for Reconstruction and Development. The money will go to social assistance.

The loan will be granted on favorable terms with guarantees from Great Britain and Denmark. The repayment period is 19 years with a five-year grace period.

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