Media: World Bank granted a $150 million loan to Ukraine

The World Bank has decided to issue a loan of $ 150 million to Ukraine, as reported by TASS citing informed sources in the organization.

As noted, the money was provided to the State Export-Import Bank of Ukraine under the sovereign guarantees of Kyiv. The purpose of this project, as noted by Ukreximbank, is to expand the access to long-term financing for "export-oriented small and medium-sized enterprises."

Earlier, the project was planned to be approved without consideration, under a simplified procedure, on March 31st. However, the top management of the World Bank requested the usual procedure for discussing the project, which was held on May 2nd.

  Ukraine, World Bank, loan