Russia's war has caused extensive damage to Ukraine's infrastructure, limited market access and disrupted the private sector, which previously contributed up to 70 percent of gross domestic product.Russia's war has caused extensive damage to Ukraine's infrastructure, limited market access and disrupted the private sector, which previously contributed up to 70 percent of gross domestic product.
Lisa Kaestner, IFC’s regional manager for Ukraine, last month told a conference in London that the support would be extended over the next 18-24 months. “The Ukrainian private sector has demonstrated unprecedented resilience in the face of this war,” said IFC Managing Director Makhtar Diop. Russia’s war has caused extensive damage to Ukraine’s infrastructure, limited market access and disrupted the private sector, which previously contributed up to 70 percent of gross domestic product.The programme will provide emergency liquidity support for agribusiness and trade finance, including for fuel imports, IFC said.
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