KYIV. Sept 4 (Interfax-Ukraine) – Finance Minister of Ukraine Oleksandr Danyliuk has met with representatives of the World Bank to discuss the revision of the bank’s portfolio in Ukraine.
According to a report on the ministry’s website, the revision of the program portfolio allows to assess the status of the project implementation, after which further actions will be agreed upon.
Over the 25 years of Ukraine’s membership in the World Bank, the organization has allocated $11.905 billion to finance investment projects. The funds went to the institutional development of public authorities, support for certain areas and projects in priority areas, as well as to support reforms and balance the budget, the Finance Ministry said.
Constant and systematic review of the state of implementation of the projects contributes to their efficiency, the press release says.
