World Bank to fund Ukrainian education with US$415 million
Pravda Ukraine
The World Bank’s Board of Directors approved a new Program-for-Results (PforR) project titled Lifting Education Access and Resilience in Times of Need (LEARN).
Source: Ukraine’s Finance Ministry
Details: The available funding for the LEARN project is US$415 million. The programme allows for financing to:
- improving teaching and learning conditions, implemented at the expense of grants from the state budget to local budgets.
- ensuring access for students, teachers, and school staff to safe conditions for in-person teaching and learning.
The project agreement is expected to be signed in September 2024. By the end of 2024, based on achieving pre-defined performance indicators, Ukraine could receive US$200 million into the state budget’s general fund.
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