World Bank To Provide $530 Million Additional Aid To Ukraine Amid War

World Bank To Provide $530 Million Additional Aid To Ukraine Amid War

Russia-Ukraine war: The aid is supported by the UK ($500 million) and Denmark ($30 million). (File)

Washington:

The World Bank has said it will provide an additional $530 million in support to Ukraine, bringing the total aid by the bank to $13 billion, as Russia’s invasion of the country continues.

The aid is supported by the United Kingdom ($500 million) and the Kingdom of Denmark ($30 million), the World Bank said in a statement.

Of the total aid of $13 billion to Ukraine to date, $11 billion has been fully disbursed, the bank added.

The World Bank’s most recent analysis puts the total long-term cost of reconstruction and recovery in Ukraine over the next three years at well over $100 billion, said Arup Banerji, World Bank Regional Country Director for Eastern Europe.

(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)

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