World

World Bank readies $350mn disbursement to Ukraine

Published February 19, 2022 Updated February 19, 2022 11:50pm
By

WASHINGTON: The World Bank Group is readying a $350 million disbursement to Ukraine that the group's board will consider by the end of March, according to a statement on Saturday.

World Bank temporarily relocates staff from Ukraine

In a meeting with Ukrainian President Volodymyr Zelenskiy on Saturday, World Bank President David Malpass said the group will continue to support the Ukrainian people and economy for short- and long-term financing needs, the statement said.