World Bank Complains Kiev is Incapable of Effectively Spending Allocated Money

World Bank Complains Kiev is Incapable of Effectively Spending Allocated Money

All of Ukraine’s major creditors, from the World Bank to the European Bank for Reconstruction & Development, the European Investment Bank, and Germany’s KfW Development Bank, are concerned about Kiev’s inability to successfully absorb the funds that have been allocated to the country, a World Bank official working in Ukraine told local media.

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