The funds will be used to reimburse state budget expenses.
The funds raised will make it possible to provide funding for public sector employees, the Ministry of Finance noted.
Ukraine received a loan under the World Bank (WB) project in the amount of 446.8 million euros. About it informs Ministry of Finance on Thursday, June 30.
It is indicated that the funds were allocated within the framework of the Public Expenditure Support project to ensure sustainable public administration in Ukraine.
“As part of this financing, the UK guarantee is 424.6 million euros,” the Finance Ministry said.
The funds will be used to reimburse the state budget expenditures made to ensure the remuneration of employees of state bodies and budgetary educational institutions both at the national and regional levels.
“In the context of the war, it is important for Ukraine to maintain the potential, efficiency and sustainability of public administration. The funds raised will provide funding for public sector employees. We are grateful to the UK government and the World Bank team for supporting Ukraine during this difficult period in our history,” Finance Minister Serhiy Marchenko said.
The day before, Ukraine received a grant of $1.3 billion from the United States. These funds were allocated as part of the financing package of the state budget of Ukraine for a total of $7.5 billion.
In addition, this week Ukraine received an additional loan from Japan in the amount of about $500 million.