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World Bank board approves $500 million IBRD loan for Ukraine
Journal Staff Report

KIEV, Aug. 26 - The World Bank’s Board of Executive Directors announced it has approved a $500 million IBRD loan to finance the Second Multi-Sector Development Policy Operation in Ukraine.

"The package of reforms supported by this operation will help address the deep-rooted structural problems that have contributed to Ukraine’s current economic crisis," Qimiao Fan, World Bank Country Director for Belarus, Moldova, and Ukraine, said.




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