Business news from Ukraine

UKRAINE SIGNS $800 MLN WORTH OF LOAN AGREEMENTS WITH WORLD BANK, JAPAN – MINISTER

28 July , 2015  

KYIV. July 28 (Interfax) – Ukraine has signed loan agreements with the World Bank and Japan for $500 million and $300 million, respectively, Ukrainian Minister of Economic Development and Trade Aivaras Abromavicius said.

“One year on, the $500 million loan (agreement) with the World Bank and the $300 million from Japan have finally been signed. For budgetary needs,” the minister wrote on Twitter on July 24.

He expressed gratitude to the World Bank, the Japanese government and Ukrainian Finance Minister Natalie Jaresko and her team, as well as the Ukrainian parliament and Cabinet.