Ukraine Received EUR 424.6 from United Kingdom

Ukraine received a loan as part of the World Bank Project Supporting public expenditures to ensure sustainable public administration in Ukraine. The total amount is EUR 446.8 million. As part of this financing, the UK guarantee is EUR 424.6 million.

"In the conditions of war, it is important for Ukraine to preserve the potential, effectiveness and stability of state administration. The attracted funds will ensure funding for public sector workers. We are grateful to the Government of the United Kingdom and the World Bank team for supporting Ukraine in this difficult period of our history", - said Minister of Finance Sergii Marchenko.

The funds will be directed to the reimbursement of state budget expenditures to ensure the remuneration of employees of state bodies and budgetary institutions in the field of education at the national and regional levels.