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The World Bank allocated 125 million dollars to Ukraine: what will the funds be used for

125 million dollars from the World Bank
Світовий банк надав Україні фінансову підтримку в розмірі 125 мільйонів доларів: на які потреби підуть ці кошти? Photo: Мінфін

According to Мінфін: The government of Ukraine has received significant financial support from the World Bank. In particular, over 125 million US dollars have been allocated to support the education and healthcare sectors in the country. Under the LEARN project, the Ukrainian budget has been replenished by 105.7 million dollars, and under the THRIVE project - by 19.5 million. These funds are aimed at improving the quality of education in schools and enhancing the healthcare system.

LEARN is focused on safe learning in schools and reforming the educational system, while THRIVE aims to improve the quality of medical services and finance healthcare. Ukraine's Finance Minister Sergii Marchenko emphasized the importance of the World Bank's support for reforming these key sectors amidst the ongoing war in the country.

Receiving financial assistance from the World Bank is an important step in improving the education and healthcare sectors in Ukraine, ensuring an increase in service quality and strengthening the resilience of these sectors in the face of the difficult situation in the country.

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