Ukraine aims to borrow $700 mln from World Bank to support agriculture - ministry


Reuters | Kyiv | Updated: 03-10-2023 15:04 IST | Created: 03-10-2023 15:03 IST
Ukraine aims to borrow $700 mln from World Bank to support agriculture - ministry
  • Country:
  • Ukraine

Ukraine's government started talks with the World Bank on Tuesday on a $700 million loan for emergency support to the agricultural sector this year and next, the farm ministry said. The funds were required for small farmers and agricultural and food producers, the ministry said in a statement on the Telegram messaging app.

The agricultural sector is a key driver for Ukraine's economy but has been hit hard by Russia's invasion.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

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