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Eastern Ukraine: Reconnect, Recover, Revitalize (3R) project

World Bank approved $100 mln project to support economic recovery of Eastern Ukraine

2 mins read

The FINANCIAL — The World Bank’s Board of Executive Directors approved a $100 million project to support the Government of Ukraine’s efforts to promote socioeconomic recovery and development of Eastern Ukraine, where the continuing conflict has impacted the lives and livelihoods of over five million Ukrainians. The Eastern Ukraine: Reconnect, Recover, Revitalize (3R) project will focus on Government-Controlled Areas (GCAs) of Luhansk Oblast, which have experienced the most severe economic downturn due to conflict, bringing in much-needed investments to improve transport connectivity and promote agricultural sector recovery. Working in rural areas of Luhansk Oblast GCAs, the 3R project will improve road infrastructure and…

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World Bank approved $100 mln project to support economic recovery of Eastern Ukraine

2 mins read

The FINANCIAL — The World Bank’s Board of Executive Directors approved a $100 million project to support the Government of Ukraine’s efforts to promote socioeconomic recovery and development of Eastern Ukraine, where the continuing conflict has impacted the lives and livelihoods of over five million Ukrainians. The Eastern Ukraine: Reconnect, Recover, Revitalize (3R) project will focus on…