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World Bank may provide $200 million for water and heat systems
Journal Staff Report

KIEV, Feb. 4 – The World Bank could provide $200 million in financing to Ukraine in 2012 to develop programs for its water and heat supply systems, according to Yuriy Khyvrych the first deputy Regional Development, Construction and Utility Economy minister.

"A week ago we had a meeting with representatives of the World Bank and they promised to continue this cooperation and to provide another $200 million for heat [programs] next year," he said in parliament in Kiev on Friday.

He said that the state is counting not only on the funds that come form tariffs on utility services, but also on loans and grants from international financial institutions and companies, and it is working on raising new funds for the sector.




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