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Reuters

Business

Andrea Shalal and David Lawder

World Bank approves $200 million in additional funding for Ukraine

Ukraine World Bank David Malpass

FILE PHOTO: World Bank President David Malpass attends the UN Climate Change Conference (COP26) in Glasgow, Scotland, Britain, November 3, 2021. REUTERS/Yves Herman/File Photo

The World Bank on Monday announced it was making available nearly $200 million in additional and reprogrammed financing to bolster Ukraine’s social services for vulnerable people, on top of $723 million approved last week.

The financing is part of a $3 billion package of support the World Bank previously announced it is preparing for Ukraine over the coming months.

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