Ministry of Finance: Ukraine has received a $2 billion grant from the World Bank
The money will be used to pay pensions, salaries to civil protection workers, as well as to ensure payments for medical services
What happened? Grant funds in the amount of $2 billion were transferred to the State Budget of Ukraine from the World Bank Trust Fund.
Source. Press service of the Ministry of Finance.
Details. This is the second tranche of a grant totaling $4.5 billion. The funds were provided by the United States under the project Public Expenditures for Administrative Capacity Endurance in Ukraine.
The grant money will be used to provide pension payments and salaries to civil protection workers, as well as to pay for medical services under the medical guarantees programme.
In total, since the beginning of the full-scale invasion, Ukraine has received $12 billion in grants from the United States. Thus, the United States is the largest donor of direct budgetary assistance among all partner countries in 2022.
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