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Ukraine secures US$841 million from World Bank, PM says

Ukraine secures US$841 million in World Bank funding backed by Canada to help cover pension payments and budget needs. - iStock
Ukraine secures US$841 million in World Bank funding backed by Canada to help cover pension payments and budget needs. - iStock

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KYIV: Ukraine has secured US$841 million from the World Bank under guarantees from the Canadian government, Ukrainian Prime Minister Sergii Koretskyi said on Tuesday.

"The funds will be used to reimburse state budget expenditures on pension payments," Koretskyi said on Telegram.

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