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World Bank approves $2.05 billion aid package for Ukraine reforms

Photo via Wiki Commons

The World Bank's board has approved providing Ukraine with $2.05 billion aid package to support the Ukrainian government in implementing reforms to strengthen the economy and improve macro-financial stability.

The initiative also aims to support the government in increasing GDP per capita to meet EU levels and increase Kyiv's economic self-reliance. The financing is the second in a programmatic series of two, with the first operation being approved in March 2024.

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