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Shmyhal expects that pace of cooperation between Ukraine and World Bank won't slow down next year

KYIV. Sept 23 (Interfax-Ukraine) – Prime Minister of Ukraine Denys Shmyhal expects that the pace of cooperation between Ukraine and the World Bank will not slow down next year.

"Financial support for Ukraine through World Bank instruments was discussed in New York during a meeting with Managing Director Axel van Trotsenburg and Vice President Anna Bjerde. In the early days of Russia’s full-scale invasion, the World Bank quickly mobilized its resources to help our state. On February 24, loans and grants totaling about $11 billion were raised, in particular, from the US and the UK," Shmyhal wrote on his Telegram channel.

The prime minister thanked the partners for the quick decisions, and also expressed hope that the pace of cooperation would not slow down next year either.

Also, according to him, Ukraine expects the start of cooperation in the energy sector.

"We also discussed the restoration of Ukraine. The World Bank is actively working to create new mechanisms for attracting grants and investments to restore our country. Thanked for the rapid damage assessment, which was presented in Brussels on September 9. According to the World Bank, as of June 2022 some $350 billion are needed to restore Ukraine," the prime minister wrote.