Skip to main content

Advertisement

Advertisement

World Bank says mobilizing US$4.5 billion US grant for Ukraine

FILE PHOTO: A participant stands near a logo of World Bank at the International Monetary Fund - World Bank Annual Meeting 2018 in Nusa Dua, Bali, Indonesia, October 12, 2018. REUTERS/Johannes P. Christo

FILE PHOTO: A participant stands near a logo of World Bank at the International Monetary Fund - World Bank Annual Meeting 2018 in Nusa Dua, Bali, Indonesia, October 12, 2018. REUTERS/Johannes P. Christo

WASHINGTON : The World Bank on Monday said it was mobilizing a US$4.5 billion grant for Ukraine provided by the United States that will help Kyiv meet urgent needs created by Russia's invasion, including healthcare, pensions and social payments.

The grant, arranged by the U.S. Treasury and the U.S. Agency for International Development and administered through the World Bank, was first reported by Reuters.

(Reporting by David Lawder; Editing by Mark Porter)

Read more of the latest in

Advertisement

Popular

Advertisement

Stay in the know. Anytime. Anywhere.

Subscribe to get daily news updates, insights and must reads delivered straight to your inbox.

By clicking subscribe, I agree for my personal data to be used to send me TODAY newsletters, promotional offers and for research and analysis.