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World Bank

The World Bank is a second, after IMF, creditor of Ukraine. While the years of cooperation the World Bank approved for Ukraine 61 loans with a total amount of 13.37 billion US dollars and 10.05 billion US dollars of them were received.

The resources of the organization have been used for the state budget support, for providing institutional and structural reforms, for the preparation and implementation of long-term investment projects, which meet the priority areas of economic development of Ukraine.

In order to support Ukraine on the way of structural reforms in the economy implementing the World Bank granted the Guarantee in support of the state policy in the area of economic growth and fiscal sustainable services.

As for September 1, 2021, 13 investment projects and 2 system projects were being implemented with a total amount of  3 627.53 million US dollars, and the disbursement for them was 2 300.36 million US dollars (63.41% of total loans amount).

July 30, 2021 the Global Secretariat of the Public Expenditure and Financial Accountability (PEFA) Program published the Assessment of gender responsive public financial management (GRPFM) for 2020 of the government of Ukraine. The assessment was conducted within the framework of EU and World Bank Partnership Program - Public Finance Management Support Program for Ukraine.

Ukraine became the one of the nine countries that piloted a new assessment framework for gender responsive public financial management (GRPFM), developed by PEFA Secretariat. The purpose of the PEFA supplementary assessment on gender responsive budgeting (GRB) is to collect information on the extent to which gender is mainstreamed in Ukraine’s public financial management system and to define entry points for GBR around the budget process.

The Report can be downloaded from the PEFA official site (English and Ukrainian versions) - https://www.pefa.org/node/4411.