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The World Bank allocated the first investments for the Ukrainian economy since the beginning of the war

The World Bank will invest in the Ukrainian economy
Читати українською

The structure, which is part of the World Bank, allocated $30 million.

This was reported by the press service of the Ministry of Economy.

The International Finance Corporation (IFC), which is part of the World Bank structure, allocated $30 million. They will go to investments in Ukraine and Moldova.

The agency noted that the funds will be channeled through a $200 million trust fund managed by the US-Ukrainian investment company Horizon Capital.

The money will be allocated, first of all, to fast-growing technologies, as well as export-oriented companies.

The Ministry of Economy explained that the specifics of Horizon Capital's work is that the company usually invests about $10-30 million in companies worth about $50-150 million.

Such investments should send a positive signal to other investors.

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