Ukraine Secures $1 Billion World Bank Loan
A new US$1 billion Development Policy Operation (DPO) loan agreement is being finalized between Ukraine’s Ministry of Finance and the World Bank. This loan, supplementing the approximately US$3.5 billion received in 2024 through similar agreements, will directly support Ukraine’s budget and crucial reforms. Key reforms include a July 2025 launch of a consolidated social assistance program providing UAH 4,500 monthly to eligible citizens. The agreement’s terms should be finalized by June, with World Bank board approval expected in November.
John Q. Hosedrinker