Saturday, February 10, 2007

International Development: Ukraine gets $140 million World Bank grant for "Municipal infrastructure development"

The World Bank is to provide a grant of $140 million to Ukraine for "Municipal infrastructure development".to Ukraine in 2007.The announcement was made by first vice Prime Minister, the Finance Minister of Ukraine Mykola Azarov.

He said the bulk of the loan will be used for improvement of water supply system, overflow pipes and processing of solid wastes.

The project is planned to be carried out in Chernihiv, Donetsk, Ivano-Frankivsk and Odessa regions.

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