Ukraine Receives $177 Million from World Bank to Support Health and Fiscal Reforms
Ukraine has received $177 million from the World Bank to support reforms in healthcare and fiscal management.
The Gaze reports on it, referring to the Government Portal.
The funds were received as part of two projects: $147 million under the SURGE program, aimed at “smart fiscal management,” and $30 million under the THRIVE project, supporting the transformation of the healthcare system and improving the effectiveness of the Medical Guarantees Program.
The tranches were credited to the general fund of the State Budget of Ukraine and are provided under the Program-for-Results mechanism that provides for the allocation of funds after certain results are achieved.
The SURGE project has been implemented in Ukraine since 2024 and provides for more than $1 billion in funding for effective public investment management.
To receive the next tranche, Ukraine has fulfilled a number of conditions, including approving a portfolio of public investment projects for 2026-2028, adopting recommendations on environmental impact assessment, and confirming the implementation of the State Tax Service's anti-corruption program.
The THRIVE project also started in 2024 and aims to strengthen the healthcare system, improve the National Health Service's ability to monitor the activities of medical institutions, and improve the quality of services. The total funding for the project is $1.2 billion, including loans and grants.
By the end of the year, Ukraine expects to receive an additional $249 million under SURGE and $17.5 million under THRIVE.
“Since the beginning of the full-scale war, the World Bank, with the support of international partners, has been helping Ukraine implement a number of projects aimed at sustaining and rebuilding the country. The new tranches are crucial for effectively advancing reforms in public investment management and healthcare,” stated Deputy Minister of Finance of Ukraine Olga Zykova.
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