Ukraine to receive $1.5 bln from World Bank to support reconstruction

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KYIV, June 30 (Reuters) - Ukraine will receive $1.5 billion from the World Bank to support reconstruction and recovery, Prime Minister Denys Shmyhal said on Friday...

The funds will be provided with guarantees from the Japanese government and channeled to support social security and economic development, Shmyhal, whose country has been invaded by Russia, said on the Telegram messaging app...

"In particular, the loan will help support subsidies for internally displaced people and pension payments," Shmyhal said.. Ukraine relies on financial aid from its foreign partners to be able to cover its budget deficit..

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