STORY
The UK Government has announced a 1 billion dollar tranche of fiscal support for Ukraine through World Bank backed financing. Deputy Prime Minister David Lammy confirmed the package during the Ukraine Recovery Conference in Gdansk. The Government said the UK backed funding would help unlock more than 4 billion dollars in additional financing to support hospitals, schools and essential public services in Ukraine.
The support forms part of a previously announced 5 billion dollar loan guarantee commitment. The Government also said a separate package worth almost 290 million pounds would support Ukraine’s recovery, energy security, judicial reform and anti corruption work.