Russia delivers humanitarian aid to Aleppo daily unlike UK — Defense MinistryWorld December 03, 7:29
Foreign ministers of Russia, Japan will discuss Putin’s upcoming visit to TokyoRussian Politics & Diplomacy December 03, 3:37
President of Luxembourg Forum welcomes Russia’s attention to threat of nuclear terrorismWorld December 03, 3:11
Presidential polls to determine vector for Uzbekistan’s further development — CEC chairmanWorld December 03, 2:44
Lavrov, Kerry discuss settlement in Syria at conference in RomeWorld December 03, 1:36
Kiev halves water supplies to LPR from another pumping station — LPR negotiatorWorld December 03, 0:50
Civilian wounded by Ukrainian sniper near Gorlovka — agencyWorld December 03, 0:31
Reconciliation agreements signed with 6 Syrian settlements — Russian Defense MinistryWorld December 02, 23:50
Russia doesn't understand why Kiev still continues operation in Donbass — LavrovRussian Politics & Diplomacy December 02, 22:59
WASHINGTON, February 17 (Itar-Tass) —— The World Bank said on Thursday it is launching a new Country Partnership Strategy (CPS) for Ukraine covering the period of 2012-2016. The Strategy proposes an investment lending program in the range of US$500 million per annum. The International Finance Corporation (IFC) is expected to lend additional funds of up to US$ 400 million annually. The CPS also includes analytical and advisory services, and technical assistance.
The funds will go to improve public services and public finances as well as the business climate in order to unlock Ukraine’s economic potential.
“The CPS will support the President’s Economic Reform Program for 2010-2014,” said Qimiao Fan, Country Director for Ukraine, Belarus, and Moldova. “This Program sets an ambitious reform agenda to improve Ukraine’s global competitiveness and meet the expectations of the Ukrainian people. The new strategy aims to assist Ukraine in overcoming implementation bottlenecks that have affected successive reform programs in the past, by strengthening institutions, improving public governance, and supporting a more participatory reform process.”