The government of Poland has approved the granting of a loan of EUR 100 million to Ukraine, the zn.ua publication reports.
"The Polish government has adopted a resolution on the issue of signing of an agreement between the Government of Poland and the Government of Ukraine on provision of a loan within the scope of provision of assistance. Poland will provide Ukraine a loan of EUR 100 million for financing export of goods and services from Poland to Ukraine, including for modernization of border transport infrastructure and construction of Ukrainian-Polish border crossings," the official website of the Cabinet of Ministers of Poland said in a statement.
According to the statement, this initiative reaffirms the commitment of Poland to providing assistance to other countries and it strengthens the country's position as a donor, which should be evaluated positively in OECD countries.
As reported, the World Bank recently approved disbursement of USD 500 million to Ukraine as the second tranche of the Multi-Sector Development Policy Loan. The World Bank disbursed USD 750 million to Ukraine as the first tranche of the loan in May last year.
Poland To Loan Ukraine EUR 100 Million For Modernization Of Transport Infrastructure
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According to the statement, this initiative reaffirms the commitment of Poland to providing assistance to other countries and it strengthens the country's position as a donor