Article source
Bloomberg
Article date
Wed, May 21, 2014
he World Bank approved three projects totaling $1.48 billion for Ukraine today, including $750 million of budget support as the government faces continued tensions on the eastern border ahead of a May 25 presidential election.
“The country’s leaders are determined to improve public services and back much-needed reforms, and we’re determined to help them,” World Bank President Jim Yong Kim said today in a statement. The lender is increasing assistance to the country to help “achieve economic recovery at a crucial time,” he said.
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