World Bank To Provide $530 Million Additional Aid To Ukraine Amid War

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Russia-Ukraine struggle: The help is supported by the UK ($500 million) and Denmark ($30 million). (File)

Washington:

The World Financial institution has stated it would present a further $530 million in help to Ukraine, bringing the overall assist by the financial institution to $13 billion, as Russia’s invasion of the nation continues.

The help is supported by the UK ($500 million) and the Kingdom of Denmark ($30 million), the World Financial institution stated in an announcement.

Of the overall assist of $13 billion to Ukraine to this point, $11 billion has been absolutely disbursed, the financial institution added.

The World Financial institution’s most up-to-date evaluation places the overall long-term value of reconstruction and restoration in Ukraine over the following three years at properly over $100 billion, stated Arup Banerji, World Financial institution Regional Nation Director for Jap Europe.

(Apart from the headline, this story has not been edited by NDTV workers and is revealed from a syndicated feed.)

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