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

World Bank earmarks $30 billion to help offset food shortages worsened by war in Ukraine

World Bank Managing Director of Operations Axel van Trotsenburg speaks during an interview with Reuters in Sarajevo, Bosnia and Herzegovina, September 14, 2022. REUTERS/Dado Ruvic

The World Bank is willing to provide up to $30 billion to combat global food shortages aggravated by Russia's invasion of Ukraine and has so far disbursed almost $10 billion in financial aid pledged to Kyiv, a senior bank official said on Thursday.

Axel van Trotsenburg, the bank's managing director of operations, cited "an absolute need for international solidarity with Ukraine" during an interview with Reuters while on a visit to the Bosnian capital Sarajevo.

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.