Activists in Berlin stage picket condemning Obama’s foreign policyWorld January 19, 21:17
Russian regulator promises to respond to any US restrictions of RT channelRussian Politics & Diplomacy January 19, 21:09
FIFA: Over 82,400 ticket requests applied globally for 2017 Confederations Cup in RussiaSport January 19, 20:17
Russia stands for developing legal tool to fight cyber hooliganismRussian Politics & Diplomacy January 19, 20:00
Russia is developing advanced hypersonic weapons — ministryMilitary & Defense January 19, 19:50
Former USSR leader receives Lithuanian court’s summons as witness in case over 1991 eventsWorld January 19, 19:29
FIDE chief says he plans to seek US entry after President-elect Trump’s inaugurationSport January 19, 18:56
Russian economy minister: Results of 2016 demonstrated adjustment to cheap oil, sanctionsBusiness & Economy January 19, 18:44
Russia ready to welcome Trump at economic forum in St. Petersburg — first deputy PMBusiness & Economy January 19, 18:29
WASHINGTON, December 23. /TASS/. Board of Governors of the International Bank for Reconstruction and Development (World Bank) has issued a loan of $ 378.4 million to Ukraine for development of power engineering in that much-troubled crisis-stricken former Soviet republic.
The press service of the World Bank said on Monday the loan would be used for upgrading the reliability of power grids and improvements on the Ukrainian wholesale market of electricity.
Qimiao Fan, the bank’s regional director for Belarus, Moldova and Ukraine said the World Bank was glad to assist the expansive power engineering sector that had critical significance for the country.
The project would help restore the nationwide power transmission system and facilitate the boosting of Ukraine’s energy sector security.
This loan is part and parcel of a general package of World Bank’s aid to Ukraine totaling $ 3.5 billion that was promised to Kiev in March this year. A total of $ 2.5 billion has been allocated already.