The World Bank’s Board of Executive Directors has approved a 846 million dollar funding guarantee by the International Bank for Reconstruction and Development (IBRD). This…
Category: World Bank
Ukrainian Railways receives half a billion euros in international support
Ukrainian Railways (UZ) is receiving approximately 500 million euros in international financial support. The money comes from the European Bank for Reconstruction and Development (EBRD) in the form of a loan, as well as from the World Bank and Switzerland as a grant. The money is to be spent on electric locomotives and infrastructure. UZ,…