IBRD Loan: US $500 million
Terms: Maturity = 16 years, Grace = 7 years
Project ID: P151479
The objective of the project is to address key policy and institutional causes of the economic crisis in Ukraine and create conditions for an inclusive and sustainable recovery. Specifically, the projects will help promote good governance, transparency, and accountability in the public sector; (ii) strengthen the regulatory framework and reduce the cost of doing business; and (iii) reform inefficient and inequitable utility subsidies while protecting the poor.