KYIV, Nov 14 – On 13 November, Minister of Finance of Ukraine Serhiy Marchenko and World Bank Regional Director for Eastern Europe Bob Saum signed financial agreements under the new systemic project Supporting Reconstruction through Smart Fiscal Governance (SURGE).

"The planned total funding for the project is $750 million. It is expected that Ukraine will complete the measures envisaged by the Loan Agreement with the IBRD by the end of 2024 and receive funds in the amount of $400 million," the Ministry of Finance reported in a press release on its website.