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World Europe

World Bank announces additional $4.5 billion in Ukraine aid

The funds will help Kyiv pay for services and pensions



The World Bank headquarters is seen in Washington, DC.
Image Credit: AFP

Washington: The World Bank on Monday announced it was mobilizing another $4.5 billion in financial support for war-torn Ukraine.

The funds will help Kyiv pay for services and pensions, key to easing economic impacts of the Russian-Ukraine conflict, the bank said in a statement.

"Ukraine needs continued government services, including health, education, and social protection to prevent further deterioration in living conditions and poverty," World Bank President David Malpass said.

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