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Ukraine to receive $4.8 billion from World Bank

Summary by The Kyiv Independent
Ukraine and the World Bank signed a loan agreement worth $4.8 billion, which Kyiv will use for priority budget expenditures, the Finance Ministry said in a statement. Finance Minister Serhii Marchenko and the World Bank's Eastern Europe Operations Manager Kevin Tomlinson signed the agreement for the loan on Nov. 22, which falls under the Public Expenditures for Administrative Capacity Endurance (PEACE) project.As the ongoing full-scale Russian i…
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