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Zelensky directs Finance, Health Ministers to sign two IBRD loan agreements for Ukraine

Source : 112 Ukraine

These are loans for the following projects: "Modernization of the social support system of Ukraine's population" (150 million dollars) and "Improvement of health care at the service of people" (135 million dollars)
09:59, 9 April 2020

unian.net

President of Ukraine Volodymyr Zelensky has formed a delegation to negotiate with the International Bank for Reconstruction and Development (IBRD) and authorized Finance Minister Serhiy Marchenko and Health Minister Maksym Stepanov to sign loan agreements for Ukraine. This is stated in the decrees №243/2020-rp and №244/2020-rp of April 8, published on the website of the Office of the President.

The delegation is supposed to participate in negotiations with the International Bank for Reconstruction and Development on concluding loan agreements for additional financing of the project "Modernization of the social support system of Ukraine's population" (150 million dollars), as well as the project "Improvement of health care at the service of people" (135 million dollars).

Related: USA allocates $1.2 million to Ukraine for fight against coronavirus

The President authorized the Minister of Finance Serhiy Marchenko to sign the agreement for the first project, the Minister of Health Maksym Stepanov - for the second one.

As we reported earlier, the European Union is expected to provide the assistance package to Ukraine in the sum of 80 million euros to facilitate the influence of crisis with coronavirus on the healthcare system, lives of people and economy.

Related: IMF expects Ukraine to adopt law on banks and changes to 2020 budget

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