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Representatives of the Ministry of Economy of Ukraine and the World Bank have agreed to expand the RISE programme, finance investment and industrial strategies, and support mortgage programmes. This was reported by the Ministry of Economy
RISE programme and support for the regions
According to Deputy Minister of Economy Oleksiy Sobolev, work is underway to expand the RISE programme, which aims to restore regional economies. Ukraine is also intensifying the I_CAN project, which helps communities effectively manage public investment and cooperate with donors.
Investment and industrial development
The Ukrainian side stressed the importance of involving the World Bank in the Ukraine Investment Framework and expanding financing for the private sector.
Support for residential property and mortgages
Andriy Teliupa, Deputy Minister of Economy, shared plans to develop the housing and mortgage market. The strategy of the state-owned company Ukrfinzhytlo is being updated, and negotiations are underway to optimise the eHouse programme and attract additional funding from the World Bank.
The parties also discussed the participation of World Bank experts in the development of Ukraine’s post-war economic doctrine, investment and industrial strategies.
The World Bank remains one of Ukraine’s key partners. Since the beginning of the full-scale invasion, it has mobilised over $18 billion, of which $16.4 billion has already been disbursed to Ukraine.
