Ukraine to get gas loan from World Bank soon – economy minister
Ukrinform
Ukraine within the next two months will receive a loan from the World Bank to purchase gas, although currently there is no critical necessity in these funds.
Ukrainian Energy Minister Volodymyr Demchyshyn told journalists, an Ukrinform correspondent reports.
“The procedure has not been suspended, it [the loan] will be received. Yesterday I had a meeting with Qimiao Fan (the World Bank Country Director for Ukraine, Belarus and Moldova), and he confirmed that the financial establishment is interested in the project,” Demchyshyn said.
The economy minister also forecasts that the loan will be received within the next two months, and at the same time he adds that there is no critical necessity in these funds.
“At present [gas] supplies are enough, comfort. Currently there is no need to purchase large volumes. We still have EBRD money, coordinated funds from IFC,” the minister said.
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