World Bank President: We focus on Ukraine. And this is one of the biggest bets that we have in the world

The world Bank is doing everything possible to help Ukraine, said the organization’s President Jim Yong Kim during a briefing on November 14 in Kiev on the results of the meeting with the head of the Ukrainian government Volodymyr Groisman, the correspondent of the Internet edition «GORDON».

«We not only reached our limit, in terms of how much we can provide Ukraine, we really exceeded our limit. The IMF has much more money than the world Bank group. They have more than a trillion dollars for lending. It’s a different organization, so we work very closely with the IMF. We both reached our absolute limit. And now we do our best to find more resources for Ukraine», – he said.

Kim stressed that he believes in the reform process in Ukraine.

«We have invested a lot in him. We really focus on Ukraine. And this is one of the biggest bets that we have in the world, so we not only continue to support but will continue to look for ways not only to reach our limit, but also to reach beyond it to support Ukraine», – said the head of the world Bank.

The world Bank is one of the largest borrowers in the world, the second after the International monetary Fund. In 2014-2015, the Bank has provided Ukraine with loans totaling more than $3 billion.

In February 2017, the Ministry of Finance of Ukraine and the world Bank jointly reviewed the portfolio of projects.

In may the world Bank approved the decision to grant Ukraine a loan of $150 million to support the enterprises of small and medium-sized businesses, export-oriented.




World Bank President: We focus on Ukraine. And this is one of the biggest bets that we have in the world 14.11.2017

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Ноябрь 14th, 2017 by
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