World Bank mobilizes $11B for support to Ukraine

Finance
  • 29 September, 2022
  • 05:32
World Bank mobilizes $11B for support to Ukraine

The World Bank has sent $11 billion to support Ukraine, said the head of the Bank, David Malpass, at a conference held at Stanford University.

He noted that through the Bank’s projects and trust funds, approximately $11 billion have already been allocated to Kyiv.

He also emphasized that, in total, the World Bank mobilized about $13 billion in emergency aid to Ukraine through multilateral channels.