Get all your news in one place.
100's of premium titles.
One app.
Start reading
Reuters
Reuters
Business

World Bank disburses additional $500 million to Ukraine

A view shows a residential building heavily damaged by a Russian missile attack in Mykolaiv, Ukraine October 23, 2022. REUTERS/Valentyn Ogirenko

The World Bank said on Monday it had disbursed an additional $500 million to help Ukraine meet urgent spending needs created by Russia's Feb. 24 invasion and the ongoing war.

The financing by the International Bank for Reconstruction and Development, the bank's main lending arm, was supported by $500 million in loan guarantees from Britain that were announced on Sept. 30, the bank said.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.