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LOANS & CREDITS December 18, 2018

Ukraine: Economic Growth and Fiscally Sustainable Services Policy Based Guarantee

WASHINGTON, December 18, 2018 - The World Bank’s Board of Executive Directors today approved the following guarantee:

Ukraine: Economic Growth and Fiscally Sustainable Services Policy Based Guarantee

IBRD Guarantee: $750 million

Project ID: P164414                                                                    

Project Description:

The $750 million Policy-Based Guarantee (PBG) for Ukraine will support important reforms in banking, anti-corruption, agricultural land, pensions, utility subsidies, and healthcare. These reforms are intended to strengthen the foundations for economic growth and macroeconomic stability in Ukraine. The $750 million guarantee is expected to help Ukraine raise about $1 billion from international markets to finance the country’s budget.


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