Ukraine to receive $530 million from the World Bank, the press release of the World Bank

Ukraine to receive $530 million from the World Bank, the press release of the World Bank

Funding will be provided through loan guarantees from the UK and Denmark. 

The World Bank has mobilized almost $ 13 billion of emergency financing for Ukraine, of which $ 11 billion has been disbursed in full, the report states.

"The assistance allowed Ukraine to continue providing basic public services to the population and mitigated the consequences of large-scale losses caused by the war," the statement says.