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World Bank to allocate $723 million to Ukraine
Finance
- 08 March, 2022
- 06:11
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The World Bank board has approved the use of $723 million to help Ukraine, Report informs with reference to the website of the financial institution.
Thus, an aid package for $489 million was approved, of which $350 million will be a loan and $139 million are provided as guarantees.
In addition, a grant of $134 million and parallel funding of $100 million will be allocated.
"As a result, the support in the amount of $723 million will be activated," the message says.
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