Ukrainian PM, World Bank vice president discuss bilateral cooperation

Ukrainian PM, World Bank vice president discuss bilateral cooperation

Ukrinform
Ukrainian Prime Minister Denys Shmyhal has met with the World Bank's Vice President for Europe and Central Asia, Anna Bjerde, to discuss the continuation of constructive bilateral cooperation, according to the website of the Ukrainian government.

"I am grateful for the large number of projects that we are already successfully implementing together in Ukraine. Our state needs long-term programs of cooperation and investment. Today, mitigating the effects of the coronavirus on the economy remains the government's most important task," Shmyhal said.

Two agreements were signed in the presence of Shmyhal and Bjerde, including an indemnity agreement (Project "Improving Power System Resilience for European Power Grid Integration (Installation of Hybrid Systems for Electricity Production in Ukrhydroenergo)") between Ukraine and the International Bank for Reconstruction and Development, acting on behalf of the Clean Technology Fund, and a loan agreement (Project "Ukraine Improving Higher Education for Results") between Ukraine and the International Bank for Reconstruction and Development.

Read also: World Bank to allocate $230M to Ukraine to fight COVID-19 by Dec

"I am glad that today we have the opportunity to sign two agreements. These are very important projects. I am grateful to our ministries, which together with the World Bank carried out the work and prepared these projects, and I thank the heads of the companies that worked to make the signing of these documents possible," Shmyhal said.

The World Bank noted that the organization is a reliable partner of Ukraine and is ready for long-term cooperation.

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