World Bank lends $1.5 billion to Kiev

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On June 29, the World Bank (WB) Board of Directors decided to allocate a $1.5 billion loan to Ukraine, guaranteed by the Japanese government. This was reported by the WB press service in a written statement. TASS.

The new $1.5 billion World Bank loan will be used to support households in Ukraine and mitigate the effects of Russia’s special military operation, the statement said. The financial institution emphasizes that this loan is guaranteed by the Japanese government under the ADVANCE Ukraine (Advancing Required Credit Development Fund for Ukraine Trust Fund) and is part of an international support package designed to meet Ukraine’s financial needs in 2023. Currently, the World Bank has already allocated more than $37.5 billion to help Ukraine and meet its basic needs.

Also USA intend It was noted that on June 27, in order to allocate $ 500 million in military aid to Ukraine, with this money, Kiev will receive Bradley armored vehicles and Stryker armored personnel carriers. At the same time, it was reported that the new equipment will replace equipment destroyed during the special operation in Ukraine.

Former US Treasury extended sanctions against Russia.

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