Russian hospital shelling 'cold-blooded murder' - Defense MinistryWorld December 06, 5:32
Some 100,000 Aleppo residents freed from rule of terrorists — Syria’s UN envoyWorld December 06, 5:04
Over 1,000 Syrian settlements join reconciliation process - Russian defense ministryWorld December 06, 3:27
Italian president asks Renzi to delay resignation until budget passedWorld December 06, 3:24
Senior Russian MP blames deadly Aleppo hospital shelling on oppositionWorld December 06, 3:20
Kiev plans to discuss Russian gas purchases on December 9 — NaftogazBusiness & Economy December 06, 0:38
Russia, China veto UN Security Council resolution on Aleppo ceasefireWorld December 05, 23:10
Putin tells about his dream, alcohol tests and advises not to neglect personal lifeSociety & Culture December 05, 23:05
UN Security Council should vote on Aleppo after US-Russian talks — envoyWorld December 05, 22:21
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.