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Reuters

Politics

David Lawder

World Bank relocates some staff from Ukraine, operations continue

Ukraine World Bank Russia International Monetary Fund

FILE PHOTO: A participant stands near a logo of World Bank at the International Monetary Fund - World Bank Annual Meeting 2018 in Nusa Dua, Bali, Indonesia, October 12, 2018. REUTERS/Johannes P. Christo

The World Bank said on Monday it is temporarily relocating some of its staff from Ukraine and has suspended missions to the country due to the tensions on the border with Russia, but its Ukraine financing operations would continue.

The World Bank said in an internal memo seen by Reuters that it is closely monitoring the situation at the border, where Russia has massed a large military force within striking distance of Ukraine.

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