WB announced $1.75bn in new aid to Ukraine

The World Bank has announced new financial assistance to Ukraine, allocating $1.75bn to this country, RIA Novosti reports photo: www.reuters.com It’s reported that $500m will be issued as a loan guaranteed by the UK, $1.25bn – as a grant from the US and $15m – from Finland. Earlier, British PM Rishi Sunak said that the UK would provide Ukraine with a $3bn recovery loan through the World Bank. London also plans to provide Ukraine with assistance – worth $306m – in 2023 for mine clearance ...

WB , Ukraine , UK

Reuters: WB, EU and Kiev estimated the cost of Ukraine restoration at $411bn

The World Bank, the European Commission and the Kiev authorities have calculated that the restoration of Ukraine after the special operation will cost $411bn, TASS reports with reference to Reuters photo: www.reuters.com The agency clarifies that this is more than 2.5 times Ukraine’s GDP according to 2022 estimates. At the same time, in the early autumn of last year, in a similar study, the cost of restoring Ukraine was estimated lower: at $349bn. According to the parties, Kiev this year needs ...

WB , EU , Ukraine , restoration

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