Ukraine receives $1.75B in financial support from World Bank and donors.

The World Bank and donors are providing Ukraine with an additional $1.75 billion in financial support for relief and recovery efforts through the Public Expenditures for Administrative Capacity Endurance in Ukraine (PEACE) Project. The funding will sustain critical service delivery capacity and core government functions in key sectors such as health care, education, payment of pensions, social assistance programs, and wages for employees providing core government services. The PEACE project combines loans and grants from the World Bank and other development partners, and currently totals $19.745 billion.