Skip to content

World Bank approves $664 million in additional funding for Ukraine under INSPIRE project

Photo by Marisa Howenstine / Unsplash

The World Bank approved on Thursday additional financing of $664 million for Ukraine under the Investing in Social Protection for Inclusion, Resilience, and Efficiency (INSPIRE) project, the country's finance ministry said.

Of the total, $662 million will come from the Japan-backed program Advancing Needed Credit Enhancement for Ukraine Trust Fund (ADVANCE Ukraine). The remainder will be provided as grant funding from the World Bank's Early Learning Partnership Trust Fund to support the expansion of childcare program.

This post is for subscribers only

Subscribe

Already have an account? Sign In

Latest

Switzerland launches CHF 50 million call for private-sector reconstruction projects in Ukraine

Switzerland launches CHF 50 million call for private-sector reconstruction projects in Ukraine

Switzerland has launched a new call for investment projects involving Swiss companies in Ukraine, making up to 50 million Swiss francs ($61 million) available to help finance reconstruction and economic recovery efforts, the Swiss government said on May 28. The initiative targets Swiss companies with an established presence in Ukraine

Members Public