World Bank approves $664 Million for Ukraine’s Social Protection Project  

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** Gives $664 Million for Social **

The has approved another big loan help Ukraine. This time, it’s $664 million to support programs.

Since the war in 2014, the World Bank has given Ukraine a total of nearly $55 billion. The new money will be used to help people who are struggling due to the conflict.

The government says that $602 million will go into the general budget fund. This means it will help support the country’s overall .

**Helping Vulnerable Groups**

The project, called INSPIRE, aims to provide social protection for people who need it most. This includes housing and utility subsidies, as well as aid for internally displaced persons (IDPs).

“Socially important initiatives are a priority,” said Finance Minister Serhii Marchenko. “This project will make our social protection programs more effective.”

**Private Investment Difficult**

Ukraine is having trouble attracting private investment to rebuild the country. One reason is power outages and security concerns.

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