Ukraine, World Bank sign agreement on $1.5-bln loan after board decision Journal Staff Report
Finance Minister Serhiy Marchenko and World Bank Regional Country Director for Ukraine, Belarus and Moldova Arup Banerji Banerjee signed a $1.5 billion loan agreement following the corresponding decision of the World Bank Board of Executive Directors on Tuesday to provide this new loan to Ukraine as part of the Growth Foundations Development Policy Operation (DPO). "The funds are expected to be disbursed by the end of March this year," the Ministry said Wednesday.
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