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The Aid — Government

World Bank to provide $750 million to help Ukraine improve public investment management system

,   and  Valentina Bajic
1 min read
Photo by Tayminna / Unsplash

The World Bank will allocate $750 million to support Ukraine in its efforts to improve its public investment management system at the central level and public financial management and fiscal governance at local and regional levels.

The funding will be provided through Supporting Reconstruction through Smart Fiscal Governance (SURGE) project, developed using the World Bank's Program for Results financing instrument, which will be implemented by Ukraine's Finance Ministry, the global lender said in a press release on Thursday.

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