“EU and France Back Ukraine with Aid: 1.1B World Bank Loan”

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Ukraine is actively engaging with international partners to secure financial support for social programs and public services. A report from TASS notes that Kyiv could obtain a loan totaling about 1.1 billion dollars from the World Bank, earmarked for social payments and other critical needs. The aim is to provide relief and stability for vulnerable households while sustaining essential public services. (TASS)

According to Ukrainian Prime Minister Denis Shmyhal, the country is continuing to draw on the generosity of its international partners. He described the potential 1.1 billion dollar World Bank loan as a key resource to fund social payments, bolster education and healthcare, and address other priority requirements. The remarks emphasize the ongoing reliance on international finance to support Ukraine’s social protection and development agenda. (Shmyhal statements reported by TASS)

Separately, the Ukrainian Ministry of Agrarian Policy and Food announced an agreement with the World Bank to provide grant aid of 700 million dollars. The funding is designed to revitalize the agricultural sector and channel support to smaller producers, including those focused on cattle, sheep, and goat farming. The project intends to roll out during the current year and into 2024, aligning with broader rural development goals and food security initiatives. (MFAF Ukraine and World Bank agreement)

In related European cooperation, French Defense Minister Sebastien Lecornu indicated that Paris would allocate an additional 200 million euros to the Ukrainian support fund. This step aims to ensure Kyiv can continue procuring French defense equipment, reflecting ongoing military-technical assistance and the broader security alliance in the region. (French Defense Ministry briefing)

Meanwhile, the European Union has previously named the target date for Ukraine’s potential accession, signaling a broader strategic horizon for Kyiv within European structures. This context underscores the interlinked nature of financial aid, defense collaboration, and political integration that shapes Ukraine’s path forward. (EU statements cited in regional coverage)

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