The World Bank’s Board of Executive Directors has approved a financial aid package of $2.05 billion for Ukraine. This amount includes a portion of a previous loan from the US, provided using ...

WASHINGTON – The World Bank said on Dec 18 its executive board approved US$2.05 billion (S$2.8 billion) in Development Policy Operation funding for Ukraine. It includes the first grant from a ...

The World Bank said on Wednesday its executive board approved $2.05 billion in Development Policy Operation funding for Ukraine that includes the first grant from a new $20 billion US loan fund ...

Ukraine's economy is set to shrink by almost half this year as a result of the war, the World Bank has said. The institution forecasts Russia's invasion will cause more economic damage across ...

Ukraine in terms of GDP per capita remains of the poorest countries in Europe, along with Moldova, Armenia and Georgia. This is according to a World Bank special report titled "Tapping Ukraine’s ...

According to Nikolay Azarov, who served as Ukrainian prime minister from 2010-2014, if this happens, it will mean that Ukraine's assets will be sold at a price that is many times lower than their ...

Japan will guarantee a loan from the World Bank to provide an additional $5.5 billion (737 billion yen) of financial assistance to Ukraine that Prime Minister Fumio Kishida recently pledged.