Ukraine received USD 3.35 billion under World Bank DPO program

Ukraine has received USD 3.35 billion under the First Ukraine Jobs and Private Sector Growth Development Policy Operation (DPO), implemented by the World Bank.

The relevant package of agreements was signed by Ukraine and the World Bank on June 24 in Gdańsk, Poland, on the sidelines of the Ukraine Recovery Conference 2026 (URC 2026).

In particular, under the DPO Program, the general fund of the State Budget of Ukraine received:

• USD 1 billion in the form of a Development Policy Loan, including: USD 500 million guaranteed by the Government of the United Kingdom; USD 500 million guaranteed by the Government of Japan;
• USD 2.35 billion in the form of a grant from the F.O.R.T.I.S. Ukraine FIF.

The funds will be used to support macro-financial stability and finance priority expenditures of the state budget under martial law.

“I am grateful to the World Bank, Japan, and the United Kingdom for their unwavering support for Ukraine and the swift implementation of the DPO-1 Program. Less than two weeks passed between the signing of the agreement and the transfer of funds to the state budget, which once again demonstrates the effectiveness of our cooperation with international partners. The Government of Ukraine remains committed to implementing reforms and fulfilling its obligations to strengthen the country’s economic resilience. In the long term, these reforms will help boost private investment, attract skilled professionals, and further integrate Ukraine’s economy into the European market,” said Minister of Finance of Ukraine Sergii Marchenko.

The disbursement of USD 3.35 billion under the First Ukraine Jobs and Private Sector Growth Development Policy Operation was made possible by the implementation of a broad package of reforms aimed at strengthening Ukraine’s economic resilience and stimulating the private sector. To meet the program’s conditions, the Government and Parliament adopted 13 laws and 7 subordinate regulatory legal acts.

The reforms covered a number of strategically important areas, including improving the public procurement system, developing factoring, integrating energy markets with the EU, transforming the agricultural sector, supporting veteran entrepreneurship, advancing housing policy, modernizing preschool and vocational education, and restoring the system for environmental monitoring of greenhouse gas emissions.

The Development Policy Loan is one of the World Bank’s key budget support instruments, enabling the rapid direct transfer of funds to the state budget in exchange for the implementation of agreed policy and institutional reforms.

The Second Jobs and Private Sector Growth Development Policy Operation in Ukraine envisages the receipt of an additional USD 1 billion, which the Government plans to attract by the end of 2026 after fulfilling the triggers of the DPO Policy and Results Matrix.