World Bank announces additional $4.5 billion in Ukraine aid

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.