7 minutes agoWorld Bank is preparing assistance packages for $3 billion Ukraine
Periskopi(4 years ago)
(4 years ago)The World Bank has announced on Tuesday that it is preparing a $3 billion aid package for Ukraine, which will also include $350m as immediate funds. The first tranche of this package will be presented to the bank board for approval this week and delivered by [...]
The first tranche of this package will be presented to the bank's board for approval this week and delivered by the next 200 billion tranche for health and education support.
So has World Bank President David Malpas announced in a joint statement with International Monetary Fund Manager Kristalina Georgieva.
The International Monetary Fund, as well as the World Bank, have pledged to provide further assistance to Ukraine and have taken quick steps to implement promises.
“We are deeply affected and saddened by the devastating human and economic situation, as a result of the war in Ukraine”, they have said in a joint statement.
