100 mln EUR loan from Poland comes to Ukraine

Source : 112 Ukraine

This means are to improve the Poland-Ukraine border crossing infrastructure
12:50, 26 August 2015

poland ukraine

Ukrainian Government approved the draft agreement to obtain a 100 mln EUR loan from Poland, as states the press service of the Cabinet. The signing provides an opportunity to start a procedure of involving the money to Ukrainian budget.

The agreement provides a credit aimed to facilitate different infrastructure projects. Particularly, it is aimed to develop the border highways and reconstruct the Poland-Ukraine border crossings and checkpoints. The other projects, concerning this sphere, must be agreed by the parties and financed under the individual contracts between exporters from Poland and Ukrainian residents.

As it came to light, World Bank has announced about new $500 mln international loan for Ukraine to boost its reforms, improve the public sector governance, business environment, energy, social assistance, and other deep-rooted structural problems.

Related: World Bank approved a $500 mln loan for Ukraine

Related: Renewed boarder service on Poland-Ukraine border to be opened in Lutsk

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