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World Bank announces additional $4.5 billion in Ukraine aid

The funds will help Kyiv pay for services and pensions, key to easing economic impacts of the Russian invasion
Last Updated : 10 August 2022, 11:07 IST
Last Updated : 10 August 2022, 11:07 IST

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The World Bank on Monday announced it was mobilising another $4.5 billion in financial support for war-torn Ukraine.

The funds will help Kyiv pay for services and pensions, key to easing economic impacts of the Russian invasion, the bank said in a statement.

"Ukraine needs continued government services, including health, education, and social protection to prevent further deterioration in living conditions and poverty," World Bank President David Malpass said.

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Published 09 August 2022, 02:50 IST

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