On May 2, the Board of the World Bank took decision to allocate $150 million reimbursement to Ukraine as part of a long-term loan for funding export-oriented small and medium-sized enterprises, Censor.NET reports citing LB.UA.
According to the World Bank, access to long-term funding provided for small and medium-sized enterprises will help Ukraine increase exports and contribute to the country's economic growth.
The project will be implemented by Ukreximbank. It will give sub-loans to the banks participating in the project, which, in turn, will provide funding to the small and medium-sized enterprises. They will be selected taking into account their financial condition and ability to develop successful export-oriented business case.
The World Bank, the International Monetary Fund, and the European Bank for Reconstruction and Development are Ukraine's key contributors.
IMF demands NABU to be allowed to perform wiretapping independently, calls to provide possibility to investigate previously closed cases. DOCUMENT(0)
Hroisman on IMF loans: "External support is temporary for Ukraine; we must learn to generate resources within country"(0)