Automatically translated version. May contain inaccuracies compared to the original.
Koretsky thanked the Government of Canada and the World Bank for important and timely assistance to Ukraine
Ukraine attracted $841 million from the World Bank under Canadian government guarantees. This is reported by «Glavkom» citing Prime Minister Serhiy Koretsky.
According to the head of government, the funds will be used to reimburse expenditures of the state budget on pension payments.
“The financing was raised within Peace in Ukraine under the agreements reached in September. The total scope of the project has already reached $54,3 billion. This is the World Bank’s largest investment project in its history and one of the key mechanisms to support Ukraine’s financial stability,” the statement reads.
Koretsky thanked “the Government of Canada and the World Bank for important and timely assistance to Ukraine amid a significant budget deficit.”
By the way, the Cabinet of Ministers has approved the draft Ukrainian state budget for 2027 year. The total volume of budget operations exceeds 8 trillion UAH, while direct state budget expenditures will be 7,27 trillion UAH.
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