World Bank head arrives in Ukraine

World Bank President Jim Yong Kim has begun a two-day visit to Ukraine and is set to meet with the country's leadership, according to Ukrainian Finance Minister Oleksandr Danyliuk, who invited Jim Kim to Ukraine.

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"World Bank President Jim Kim began a two-day visit to Ukraine today. During the meeting in Washington, I invited him to visit Ukraine to see the changes taking place in our country and to evidence the significant role of the World Bank in these changes," Danyliuk wrote on Facebook.

According to him, Kim is now having breakfast with representatives of agribusinesses, to discuss ways to increase productivity in the agricultural sector, and Ukraine's role in global food security.

Read alsoS&P affirms ratings on Ukraine at 'B-/B' with stable outlook"Further, the program includes many important meetings, in particular, with President Petro Poroshenko, Prime Minister Volodymyr Groysman, as well as with Verkhovna Rada Chairman Andriy Parubiy, and the leaders of the parliamentary factions," Danyliuk added.

Read alsoInflation in Ukraine slows down to 14.6% in annual termsUNIAN memo. The World Bank is an international financial institution providing financial and technical assistance to developing countries. Over the past two years, the World Bank Group has allocated for Ukraine some $4.7 billion in the form of budgetary financial assistance, investment operations, and private sector financing.

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