Ukraine - Growth Foundations Development Policy Operation Chair Summary - 2024年3月26日

Jul 19, 2026

Chair Summary records the Executive Directors’ discussion and approval of an IBRD loan of US$1.5 billion for Ukraine under the Growth Foundations Development Policy Loan. It highlights support received through bilateral credit enhancement and guarantees from Japan and the United Kingdom, and emphasizes strengthened economic policy frameworks aimed at sustainable growth and improved macro-financial stability. Directors note progress on policy actions, the need for timely, well-sequenced institutional reforms, and reforms targeting renewable energy incentives, SOE governance, domestic resource mobilization, and public financial management.

LanguageEnglish

CategoryResearch & Report

FormatPDF

Pages1

Reading Time3 min

Chair Summary

Loan approval and terms

Bilateral support and international coordination

Policy reforms and implementation risk

FAQs

What loan was approved in the chair summary, and for what purpose?

The Executive Directors approved a US$1.5 billion IBRD loan for Ukraine under the Growth Foundations Development Policy Loan, following the terms in the President’s Memorandum.

Which bilateral supports did directors welcome?

Directors welcomed Japan and the United Kingdom’s bilateral support through credit enhancement and guarantees, respectively.

What reforms and policy areas were especially emphasized?

Directors especially welcomed reforms to improve incentives for renewable energy generation and enhance SOE governance, along with a move toward programmatic engagement, and stressed capacity and public financial management needs.

Jul 19, 2026

Upload by Lucas Martin