Ukraine and the world Bank signed an agreement on the allocation of Kiev loan of five hundred million dollars into the development of the financial sector, reports journalist Last news .

The loan agreement was signed in Kiev on Wednesday, the Minister of Finance of Ukraine Natalie Jaresko and world Bank Director for Ukraine, Belarus and Moldova Qimiao Fan.

first in the world Bank stated that the new funding " will support a number of priority measures to reform the banking sector in response to the financial crisis in Ukraine." For example, reform of the banking sector will contribute to revive the loans in the real economy and will motivate the recovery of economic improvement.

The loan is in the composition of the list of activities of the Bank for Ukraine up to USD 2 billion for 2015. Including the new Loan, the total Finance of Ukraine by the Bank amounted In the current year 1, 215 billion, Including billion dollars in the form of direct budgetary support. The total loan portfolio of the Bank in Ukraine is about $ 4 billion.

sections: Politics