World Bank breaks its piggy bank to help Ukraine

 

The Ukrainian government announced on Friday, September 23, that its country has attracted USD 11 billion from its partners via the World Bank (WB) since the beginning of the conflict with Russia.

“Loans and grants, including from the United States and Britain, totaling about USD 11 billion, have been raised through the Bank’s instruments since February 24,” he said on Facebook after a meeting in New York with WB’s Director General of Operations Axel van Trotsenburg and WB Vice President Anna Bjerde.

The World Bank is actively working to create new mechanisms to attract grants and investments for Ukraine’s post-conflict recovery, Chmyhal added.

In 2023, Ukraine also wants to launch cooperation with the WB in the energy sector, he added.

According to a joint assessment published on September 9, the Ukrainian government, the European Commission and the World Bank estimated that Ukraine would need about USD 350 billion for post-conflict reconstruction.

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Comments (2)

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World Bank breaks its piggy bank to help Ukraine

  The Ukrainian government announced on Friday, September 23, that its country has attracted USD 11 billion from its partners via the World Bank (WB) since the beginning of the conflict with Russia. "Loans and grants, including from the United States and Britain, totaling about USD 11 billion, have been raised through the Bank's instruments since February 24," he said on Facebook after a meeting in New York with WB's Director General of Operations Axel van Trotsenburg and WB Vice President Anna Bjerde. The World Bank is actively working to create new mechanisms to attract grants and investments for Ukraine's post-conflict recovery, Chmyhal added. In 2023, Ukraine also wants to launch cooperation with the WB in the energy sector, he added. According to a joint assessment published on September 9, the Ukrainian government, the European Commission and the World Bank estimated that Ukraine would need about USD 350 billion for post-conflict reconstruction.
Facebook
Twitter
LinkedIn
Pinterest

Comments (2)

  1. You really mɑke it seem so easy with your presentation but I find
    this matter to be actually ѕomething that I tһink I would nevег understand.
    It seems too complex and extremely broad for me. I am lookіng forward for
    your next post, I will try to get the hang of it!

  2. I tһink what you posted was very reasonable.
    But, what about tһis? what if you comрosed a catchier ρost
    title? I mean, I don’t want to tell you how to run your blog,
    but suppose you added a title that grabbed peoplе’s attention? I
    mean World Bank breaks its piggy bank to heⅼp
    Ukraine – C19 Wߋrld's Latest News is a little ƅoring.

    You could glance at Yahoo’ѕ home pɑge and ѡatch how they create news titles to get
    peoplе to cⅼick. You might add a related vidеo or a picture or
    two to grab peoρle excited about everything’ve written. In my opinion,
    it could brіng your website a little livelіer.

Leave a Reply

Your email address will not be published. Required fields are marked *

World Bank breaks its piggy bank to help Ukraine

Advertisement

World Bank breaks its piggy bank to help Ukraine

Advertisement

World Bank breaks its piggy bank to help Ukraine

Advertisement

Follow us on Instagram!

Starbucks

World Bank breaks its piggy bank to help Ukraine

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