Ukraine: EUR 63 million received from World Bank to finance payments to teachers
On June 19, the State Budget of Ukraine received funding of EUR 63 million from the World Bank. The funds were provided by the International Development Association (IDA) on concessional terms under the World Bank’s Public Expenditures for Administrative Capacity Endurance (PEACE) Project. The loan has a maturity of 10 years, with a 4-year grace…