WB to continue support for Ukraine's reforms

Source: Xinhua| 2019-02-07 05:48:41|Editor: Mu Xuequan
Video PlayerClose

KIEV, Feb. 6 (Xinhua) -- World Bank (WB) Vice President for Europe and Central Asia Cyril Muller on Wednesday said that the bank will continue support for Ukraine to further reforms, according to the Ukrainian government press service.

"We want to provide not only financial support, but also contribute to the implementation of government programs," Muller said during the meeting with Ukrainian Prime Minister Volodymyr Groysman.

Last year, Kiev introduced a large number of reforms and now Ukraine is embarking on a sustainable reform path, Muller said.

For his part, Groysman said that the support of international partners gives Ukraine additional instruments to improve business environment and make positive changes in various spheres raging from the modernization of the financial and energy sectors to the adoption of new principles of public administration.

"We praise the level of our cooperation. We feel the support in reforming Ukraine as well as in introducing financial and economic stability," Groysman said.

The WB is one of the key reform advisers and financial investors in Ukraine. As of Jan. 1, 2019, the bank was implementing eight joint investment projects with Ukraine totally worth over 2.4 billion U.S. dollars. The projects covered such areas as energy, road transport, social assistance, health care development, small and medium business.

Besides, in December 2018, the bank approved a 750-million-dollar policy-based guarantee for Kiev.

TOP STORIES
EDITOR’S CHOICE
MOST VIEWED
EXPLORE XINHUANET
010020070750000000000000011105091378034181