Ukraine has already received $22B from the World Bank and donor countries. Before the start of the full-scale war the World Bank mobilized $34B to support Ukraine, over $22B of which Kyiv has already received. This was discussed during a working visit to Washington by the Mi... #AnnaBjerde #AntonellaBassani #financialaidforUkraine #SerhiyMarchenko #WorldBankGroup
The United States will provide Ukraine with $2.5B for state services. On February 24, the World Bank Group announced additional grant funding for Ukraine in the amount of $2.5B. This is direct budgetary support for the Ukrainian government, which will be provided to ens... #financialaidforUkraine #WorldBankGroup
The World Bank predicts the second global recession in the last 10 years and lowered its forecast for global GDP this year to 1.7%. The World Bank almost halved its global economic growth forecast in 2023 to 1.7% and, in 2024, to 2.7%, according to the World Bank report. It notes that global economic growth is slowing sharply amid... #GDPforecast #GlobalEconomy #WorldBankGroup
In 2023, Ukraine’s Minister of Finance will head the World Bank’s Board of Governors and the IMF for the first time in history. The leading member countries of the World Bank Group and the International Monetary Fund have elected the Minister of Finance of Ukraine, Serhiy Marchenko, as the Chairman of the Board of Governors of... #imf #SerhiyMarchenko #WorldBankGroup
Ukraine has received an €88.5M grant from the World Bank fund and expects €495M more. Ukraine received grant funding of €88.5M from the World Bank’s Donor Trust Fund under Ukraine’s Second Development Policy Recovery Loan, as reported by the Ukraine Ministry of Finance. &#... #AidforUkraine #GrantsforUkraine #worldbank #WorldBankGroup
