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In first loan to Ukraine, CEB offers $100 million to rebuild hospitals in war-torn areas

Hospital in Huliapole, Ukraine after bombardment. (Photo by State Emergency Service of Ukraine)

The Council of Europe Development Bank (CEB) has agreed to lend €100 million to Ukraine's Ministry of Health to rebuild hospitals, clinics and other medical facilities damaged in the war with Russia.

The loan, the CEB's first to Ukraine, is also meant to support mobile teams to deliver basic healthcare, including mental health support, to people in areas severely affected by the war, the CEB said in a press release.

The $100 million will contribute to the World Bank's $500 million framework operation Health Enhancement and Life-Saving (HEAL), which is meant to ensure essential healthcare in Ukraine amid the war. The project already has received $100 million in loans and $20 million in grants from the World Bank.

The Ukrainian Ministry of Health says 1,468 medical buildings have been damaged so far in the fighting and 193 have been destroyed. Overall, the war has inflicted $2.5 billion in damage to the country's healthcare infrastructure, according to ministry data.

Ukraine joined the CEB, a development bank focused solely on social factors such as poverty and education, on June 15 of this year.

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