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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, Trend
reports citing Reuters.
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.
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