The World Bank said its executive board on Monday approved a $723 million package of loans and grants for Ukraine, providing government budget support as the country battles a Russian invasion.
The package includes a $350 million loan supplement to a prior World Bank loan, augmented by about $139 million through guarantees from the Netherlands and Sweden, the bank said in a statement.
The package also includes $134 million in grants from Britain, Denmark, Latvia, Lithuania, and Iceland, as well as parallel financing of $100 million from Japan.
About Author
You may also like
-
Musk to jury: Just Because I Tweet Something, Doesn’t Mean People Believe it
-
Philippines Main Airport Scrambles To Restore Normalcy After Power Cut
-
Dollar Retreats After Overnight Gains, Ahead of Economic Data Dump
-
The uncertain wheat crop in China raises concerns about the global economy
-
Pak PM Shehbaz writes to PM Modi, urges for meaningful ties with India
