kyiv will receive new funds with the aim of running the country's economy.
The World Bank's Board of Directors on Tuesday approved additional financing of $1.49 billion for Ukraine to help the government pay the salaries of civil servants and social workers.
This new funding brings World Bank funding to more than $4 billion.
On March 8, the institution had approved an aid of three billion with an immediate disbursement of 489 million.
Nearly $2 billion has now been disbursed.
Allow the maintenance of basic services
The World Bank further clarified that the new project has benefited from funding guarantees from the United Kingdom, the Netherlands, Lithuania and Latvia.
“The World Bank's portfolio of projects in Ukraine supports the improvement of public services that directly benefit ordinary citizens, in areas such as water supply, sanitation, heating, electricity, energy efficiency energy, roads, social protection, education and health care”, detailed the institution.
"The maintenance of these basic services and the government's ability to provide them are essential to prevent a further deterioration of living conditions and poverty in Ukraine beyond the suffering inflicted on the population due to the war", said for his part declared the director of the World Bank for Eastern Europe, Arup Banerji.
He also noted that maintaining the functioning capacity of the government will be "the foundation of any recovery and reconstruction".
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