In Washington, Zelenskyy met with the President of the World Bank
Kyiv • UNN
Ukrainian President Zelenskyy met with World Bank President Banga in the United States to discuss support and economic recovery for Ukraine in the wake of the war. They discussed financial sustainability, strategies for a cashless economy, and the use of frozen Russian assets to benefit Ukraine.
During his working visit to the United States, President President Zelenskyy met with World Bank President Ajay Banga. This was was reported by the President's Office, UNN reports.
Details
The Head of State thanked for the significant support provided by the World Bank to Ukraine. Ukraine since the beginning of the full-scale aggression of the Russian Federation, mobilization of international financial assistance to our country and active international financial assistance to our country and active support in working with international donors.
Ajay Banga reaffirmed the World Bank's readiness to steadily to continue to provide financial support and best international practices for for the economic recovery of Ukraine.
Volodymyr Zelenskyy expressed interest in intensifying cooperation with the World Bank in the transformation of our country.
The parties discussed ways to strengthen the resilience of the Ukrainian financial system in times of war and paid attention to the issue of increasing the share of the cashless economy in the Ukrainian economic system.
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The interlocutors also discussed the strategy for restoring of mortgage lending. The World Bank will prepare proposals to create market mechanisms for raising funds from commercial banks in the mortgage market and tools to reduce risks in order to lower mortgage rates. loans.
Volodymyr Zelenskyy and Ajay Banga also exchanged views on mechanisms for using frozen Russian assets for the benefit of Ukraine.
