World Bank Disburses Additional $500M to Help Ukraine Meet Urgent Needs

Kyiv Post | Oct 25, 2022 at 10:10 AM
  • The World Bank has announced the disbursement of an additional $500 million to help Ukraine meet urgent spending needs caused by Russia’s full-scale invasion.
  • It comes on the eve of a recovery conference taking place in Berlin on Tuesday, where national leaders, development experts and CEOs will discuss how to rebuild Ukraine after Russia’s invasion.
  • The World Bank has mobilized a total of $13 billion in emergency financing for Ukraine, of which $11.4 billion has been fully disbursed.