Ukraine has received a significant financial boost from the World Bank, totaling $177 million, as part of two targeted reform projects. The first project, ‘Supporting Reconstruction through Smart Fiscal Governance’ (SURGE), is set to receive $147 million to enhance fiscal governance and support the country’s reconstruction efforts. This initiative aims to improve financial management, increase transparency, and ensure efficient allocation of resources to rebuild the nation’s infrastructure and public services.
The second project, ‘Transforming Healthcare through Reform and Investments in Efficiency’ (THRIVE), has been allocated $3,0 million to modernize Ukraine’s healthcare system. The THRIVE project focuses on improving healthcare delivery, increasing access to essential services, and enhancing the efficiency of healthcare institutions. This funding is expected to support the development of new medical technologies, improve staff training, and establish better public health infrastructure across the country.
The World Bank’s support underscores its commitment to aiding Ukraine in its recovery and development efforts. The financial assistance is part of broader international efforts to stabilize the country and ensure long-term economic and social growth. Officials from Ukraine and the World Bank have expressed optimism about the potential impact of these projects on both national development and citizen well-being.