World Bank approves $4.8B for Ukraine under PEACE project, says PM Shmyhal
Ukraine will receive $4.8 billion from the World Bank under the PEACE project, Prime Minister Denys Shmyhal announced on X on Nov. 22.
“This is a crucial contribution that helps finance key budget programs during the war. We thank the U.S. and development partners for their support, which is vital for our country and people,” Prime Minister Denys Shmyhal said.
Shmyhal also expressed gratitude to the World Bank leadership for their “critical” backing of Ukraine.
“Your solidarity strengthens our resilience and fuels our determination to move forward. Together, we are building a stronger future!” he added.
On Nov. 15, Shmyhal announced Ukraine would secure over $1 billion in concessional loans from the World Bank
The military war may be swinging in our favor, but the information war continues.
Just as an army needs soldiers, so does a free society need its journalists to ensure that people have access to honest, trustworthy voices to understand the world around them.
For the past five years, The New Voice of Ukraine has been working tirelessly to push back against Russian narratives and defend democracy. But we cannot do it alone.
Please consider supporting us on Patreon for just $5 a month – your donation does directly to supporting journalists and ensuring that this front of the infowar says solid and defended.
Thank you.
Follow us on Twitter, Facebook and Google News
