More than 400 global companies pledged support Wednesday for rebuilding the war-torn economy at the Ukraine Recovery Conference in London. 'This additional financing for the PEACE (Public Expenditure Support for Enhanced Sustainable Governance in Ukraine) project builds on previous funding and will continue to provide support in key sectors such as health care, education, payment of pensions, social assistance programs, and wages for employees providing core government services,' the news release continued.Īdditional support for Ukraine.
'The financing is composed of a $500 million World Bank loan guaranteed by the United Kingdom, a $1.25 billion grant from the United States, and a $15 million grant from the Government of Finland,' a news release from the group stated.
