Ukraine signs $600 million agreements with World Bank

Ukraine’s Prime Minister Denys Shmyhal announced the initiative, which aims to support small and medium-sized businesses, promote green transition, improve the business environment, encourage digitalization, and help companies enter new markets.

The project will run until 2027, with a total planned budget of over $1 billion. 

Shmyhal stated, “This will significantly strengthen the Ukrainian economy and help small and medium-sized businesses tackle modern challenges.”

• The European Investment Bank (EIB) and the European Bank for Reconstruction and Development (EBRD) are providing grant funding to Ukraine for developing its emergency assistance system.