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World Bank To Loan Ukraine USD 200 mln To Upgrade Its Electricity Grid.

World Bank To Loan Ukraine USD 200 mln To Upgrade Its Electricity Grid.

23 July 2008

The Finance Ministry announced yesterday that Ukraine had agreed to take a USD 200 mln 20-year loan at LIBOR+0.7% from the World Bank to be used from the modernizations of the country’s electricity grid. The loan agreement is scheduled to be signed before end of the year.

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