WB approves USD 500 mln loan to Ukraine

23 December 2008

Board of Directors of the World Bank approved a USD 500 loan to Ukraine. A 30-year loan has a floating rate of LIBOR+0.02%. The loan is part of the World Bank’s third Development Policy Loan. The World Bank Country Manager for Ukraine, Belarus and Moldova Martin Reiser, noted that the funds will be available until the end of 2008.

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