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Saturday, October 1, 2022

World Financial institution to present Ukraine $530 million in further support amid Russian invasion | World Information

World Financial institution to present Ukraine $530 million in further support amid Russian invasion | World Information [ad_1]

The World Financial institution has mentioned it should present a further $530 million in help to Ukraine, bringing the whole support by the financial institution to $13 billion, as Russia's invasion of the nation continues.

The help is supported by the UK ($500 million) and the Kingdom of Denmark ($30 million), the World Financial institution mentioned in an announcement.

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Of the whole support of $13 billion to Ukraine to this point, $11 billion has been absolutely disbursed, the financial institution added.

The World Financial institution's most up-to-date evaluation places the whole long-term value of reconstruction and restoration in Ukraine over the following three years at properly over $100 billion, mentioned Arup Banerji, World Financial institution Regional Nation Director for Jap Europe.


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