World Bank Mobilizes $13bn to Help Ukraine

Kyiv Post | Oct 18, 2022 at 12:09 PM
  • 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.