Ukraine-First Ukraine Jobs and Private Sector Growth Development Policy Operation - Absence-of-Objection Approval on June 22 - read online

Jul 19, 2026

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Executive Directors approved, on Monday, June 22, 2026, a US$1.04 billion loan for the Ukraine-First Ukraine Jobs and Private Sector Growth Development Policy Operation under an absence-of-objection basis. The package includes US$540 million credit enhanced through the ADVANCE Ukraine Trust Fund, supported by Japan’s Ministry of Finance, and US$500 million guaranteed by the Government of the United Kingdom. Terms and conditions follow the President’s Memorandum (R2026-0147, dated June 5, 2026), while Alexey Nickolaevich Morozov requested that his objection be recorded.

LanguageEnglish

CategoryResearch & Report

FormatPDF

Pages1

Reading Time3 min

Loan approval summary

Funding structure and guarantees

Terms and conditions reference

Recorded objection

FAQs

What transaction was approved on June 22, 2026 under the absence-of-objection basis?

The Executive Directors approved a loan to Ukraine in the amount of US$1.04 billion for the Ukraine-First Ukraine Jobs and Private Sector Growth Development Policy Operation.

How is the US$1.04 billion loan structured in credit enhancement and guarantees?

US$540 million is credit enhanced through the ADVANCE Ukraine Trust Fund supported by Japan’s Ministry of Finance, and US$500 million is guaranteed by the Government of the United Kingdom.

Where are the loan terms and conditions specified?

The terms and conditions are set out in the President’s Memorandum (R2026-0147, dated June 5, 2026).

Jul 19, 2026

Upload by Hazel