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World Bank prepares $3 billion aid package for Ukraine

The first installment will be submitted for approval this week, followed by $200 million in fast-disbursing support for health and education.

World Bank prepares $3 billion aid package for Ukraine

247 - The World Bank is preparing an aid package of approximately US$3 billion, with US$350 million in immediate resources. According to the Folha de S. PaulThe first installment "will be submitted to the Board for approval this week, followed by $200 million in rapid disbursement support for health and education."

According to the report, the International Monetary Fund (IMF), which has a $2,2 billion financing program underway in the country until June, will also assess the country's latest request for emergency financing next week, the statement said.

The finance ministers and central bank governors of the G7 countries met on Tuesday (1) to expand support for Ukraine while considering adopting new measures to further isolate Russia. 

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