World Bank Ups Aid for Belarus Cities

The World Bank is expanding its support for a project that helps provide reliable and efficient heat and hot water service in Chernobyl-affected areas in Belarus. The bank’s executive board has agreed to give USD30 million in additional financing to the Post-Chernobyl Recovery Project, which benefits the cities of Gomel, Brest and Mogilev Oblasts.

The financing comes on top of the initial USD50 million loan that the World Bank provided to the project in 2005.

About the author

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    Ivy Mungcal

    As former senior staff writer, Ivy Mungcal contributed to several Devex publications. Her focus is on breaking news, and in particular on global aid reform and trends in the United States, Europe, the Caribbean, and the Americas. Before joining Devex in 2009, Ivy produced specialized content for U.S. and U.K.-based business websites.