- Karlis Smits is the World Bank lead economist and program leader for economic policy for Eastern Europe (Belarus, Moldova, and Ukraine).
- The sheer cost of financing reconstruction recovery from the government sector and official donors will only go so far – requiring critical additional support from foreign direct investment (FDI).
- Ukraine’s financing needs for 2023 equate to $3.5 bn per month.
World Bank Mobilizes $13bn to Help Ukraine

