...

World Bank mobilizes more than $3 billion for economic assistance to Ukraine

World Materials 22 April 2022 04:05 (UTC +04:00)
World Bank mobilizes more than $3 billion for economic assistance to Ukraine

BAKU, Azerbaijan, April 22. The World Bank (WB) has mobilized more than $3 billion to provide economic assistance to Ukraine to ensure the functioning of its key public services, said on Thursday the president of the credit institution, David Malpas, during a discussion at the spring session of the governing bodies of the International Monetary Fund (IMF) and the World Bank, Trend reports citing TASS.

"At the moment, we have mobilized more than $3 billion for Ukraine in order to continue the functioning of key public services," he said.

According to the head of the WB, this was done through gratuitous donations to a special fund from the US, UK, Norway, Denmark, Austria, Latvia, Lithuania, Iceland, as well as guarantees from the UK, the Netherlands and Sweden and parallel funding from Japan.

Tags:
Latest

Latest