World Bank approves US$560mln loan to repair roads in Ukraine

“The World Bank approved the third project worth US $560 million to reconstruct roads in Ukraine. The M-03 highway (Kyiv-Kharkiv) will be upgraded to a category 1 standard ,” he wrote. As reported, the Cabinet of Ministers approved the attraction of these funds on September 2. In early October, Ukraine signed a protocol to receive from the World Bank the first part of the third loan tranche worth US$560 million to reconstruct a part of Poltava-Kharkiv road.