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Reuters
Reuters
Business
By Andrea Shalal

World Bank approves additional $610 million in financing for Ukraine

World Bank Ukraine Russia
FILE PHOTO: International Monetary Fund - World Bank Annual Meeting 2018 in Nusa Dua, Bali, Indonesia, October 12, 2018. REUTERS/Johannes P. Christo

The World Bank on Tuesday said it had approved an additional financing package totaling $610 million to address urgent relief and recovery needs in Ukraine as the war with Russia continues.

The package includes an additional $500 million loan from the World Bank's International Bank for Reconstruction and Development (IBRD) that is supported by a guarantee from Britain, and a new project to restore and improve access to health care and address war-related needs for health services, the global lender said.

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