Shmyhal announces new $750 million aid package from the World Bank

Ukraine will receive a new support package worth $750 million from the World Bank.

This was announced by Prime Minister Denys Shmyhal.

The funds will be provided under the Support for Ukraine’s Recovery through Reforms in Reasonable Fiscal Governance (SURGE) project, which aims to support institutional reforms necessary for accession to the European Union.

Implementation of the program will help strengthen the work of state institutions in times of war.