The package includes an additional $500 million loan from the World Bank’s International Bank for Reconstruction and Development that is supported by a guarantee from Britain, and a new project to restore and improve access to health care and address war-related needs for health services, the global lender said.
The additional $500 million in IBRD lending for the Public Expenditures for Administrative Capacity Endurance Project, will help the Ukrainian government cover expenditures related to child and family benefits, salaries of public employees, and utility payments, the World Bank said. Additional funds for the project are expected to grow to a total of $500 million, starting with an upcoming $10 million grant through the Ukraine Relief, Recovery, Reconstruction and Reform Trust Fund .