Ukraine received $1.5 billion in grant aid from the US mobilised by the World Bank, the Ukrainian Finance Ministry has said on Facebook.
The financing will be used for paying pensions for the elderly, social assistance, covering expenditures on medical services, and other payments, it said.
The World Bank has mobilised close to $17.8 billion in emergency financing to support Ukraine amid the economic impacts of the Russia-Ukraine conflict, according to the bank’s website.
Out of this sum, 11.4 billion of financing has been disbursed.
(This story has been sourced from a third-party syndicated feed, agencies. Raavi Media accepts no responsibility or liability for the text’s dependability, trustworthiness, reliability, and data. Raavi Media management/ythisnews.com reserves the sole right to alter, delete or remove (without notice) the content at its absolute discretion for any reason whatsoever.)
