TASS26/6/2026Mundo1 min de lecturaRussia
UK Guarantees $1 Billion World Bank Loan for Ukraine's Budget Needs
En resumen
- The UK will act as a guarantor for a $1 billion World Bank loan to Ukraine to cover urgent budget needs.
- The funds will support private financing and job creation, as well as a social protection program co-financed by Japan and Germany.
Resumen generado por IA
Tamaño de fuente
LONDON, June 26. /TASS/. The UK has said it will act as a guarantor for a $1 billion World Bank loan to Kiev to support Ukraine's urgent budget needs, the government said.
Of the sum, $500 million will be allocated to support the World Bank's $3.35 billion project to raise private financing and investment, as well as to create jobs for qualified specialists. Another $500 million will be allocated for a $880 million social protection program, which is co-financed by Japan and Germany.
Together with the guarantees of partner nations, the next tranche of financial assistance to Kiev will amount to $4 billion, the government noted.
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This article was originally published by TASS.
