Paintings by Chagall, Russian 16th century icons to be on display at art fair in BrusselsSociety & Culture January 16, 21:50
Russia calls to probe into attack on Moscow Patriarchate’s church in Kiev — diplomatRussian Politics & Diplomacy January 16, 21:25
Russia, US start restoring business ties — ombudsmanBusiness & Economy January 16, 21:21
Figure skating pairs competition excluded from schedule of 2017 Winter UniversiadeSport January 16, 20:34
DPR top diplomat blames Kiev for dodging discussion of Steinmeier formula implementationWorld January 16, 20:14
IMF maintains forecast for global economy growth in 2017 at 3.4%Business & Economy January 16, 19:45
Six more settlements join Syria ceasefire regime — Defense MinistryWorld January 16, 19:22
Foreign Ministry: Washington initiating new arms race in EuropeRussian Politics & Diplomacy January 16, 19:15
Diplomat says anti-terror efforts must not be hostage to political ambitionsRussian Politics & Diplomacy January 16, 19:08
KIEV, May 26. /ITAR-TASS/. The Ukrainian government has signed loan agreements worth a total of $1.48 billion with the World Bank on Monday to finance three new projects in the country.
“The package of three new projects is part of the total volume of aid to Ukraine announced by World Bank Group in March this year,” the Ukrainian government’s press office reported.
“This aid worth a total of $3.5 billion is expected to be delivered to Ukraine until the end of 2014,” the press office said.
The first loan of $750 million will be spent on “the budget support,” the Ukrainian government said.
“Also, municipal heat and power companies in ten cities will receive $382 million as part of a project to raise energy efficiency,” the press office said. The remaining $350 million will be provided to ten water supply enterprises and one waste disposal company, the government said.
On Ukraine’s behalf, the document was signed by parliament-appointed Vice-Premier Volodymyr Groisman, Economic Development Minister Pavlo Sheremeta and Finance Minister Oleksandr Shlapak. On the World Bank’s behalf, the document was signed by World Bank Country Director for Ukraine, Belarus and Moldova Fan Qimiao.