World Bank Announces $723 Million Emergency Finance Package Providing ‘Critical Services’ to Ukraine

World Bank Announces $723 Million Emergency Finance Package Providing ‘Critical Services’ to Ukraine
A woman stands near a logo of World Bank in Bali, Indonesia, on Oct. 12, 2018. Johannes P. Christo/Reuters
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The World Bank on Monday announced a package of emergency loans and grants for Ukraine worth over $700 million as the country continues to battles the Moscow-led military invasion.

According to the World Bank, the loans and grants will “help the government provide critical services to Ukrainian people, including wages for hospital workers, pensions for the elderly, and social programs for the vulnerable.”

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