ANI, Washington
Published by: Surendra Joshi
Updated Fri, 25 Feb 2022 08:08 AM IST
Summary
World Bank President David Malpass said the group, together with development partners, is ready to provide financial and technical assistance to Ukraine. He said in a statement that the World Bank Group is shocked and saddened by the violence and deaths in Ukraine. We have been a long-time partner of Ukraine and we stand by it in this critical time.
The World Bank has extended a hand to help Ukraine, which is battling the Russian attack. Amidst the latest military and political crisis in Ukraine, the World Bank issued a statement on Thursday saying that it is ready to provide immediate financial assistance to Ukraine.
World Bank President David Malpass said the group, together with development partners, is ready to provide financial and technical assistance to Ukraine. He said in a statement that the World Bank Group is shocked and saddened by the violence and deaths in Ukraine. We have been a long-time partner of Ukraine and we stand by it in this critical time.
The World Bank said the devastating developments in Ukraine would have far-reaching economic and social implications. We are working closely with the International Monetary Fund to assess this. Malpass discussed the situation with the World Bank’s Board of Directors and said they have created a Global Crisis Risk Forum to accelerate coordination across the World Bank Group.
Malpass met Ukrainian President Volodymyr Zelensky in Munich on Saturday. He expressed the support of the World Bank Group for Ukraine and the people of the region. He said that additional resources would be provided to Ukraine to deal with the situation.
Expansion
The World Bank has extended a hand to help Ukraine, which is battling the Russian attack. Amidst the latest military and political crisis in Ukraine, the World Bank issued a statement on Thursday saying that it is ready to provide immediate financial assistance to Ukraine.
World Bank President David Malpass said the group, together with development partners, is ready to provide financial and technical assistance to Ukraine. He said in a statement that the World Bank Group is shocked and saddened by the violence and deaths in Ukraine. We have been a long-time partner of Ukraine and we stand by it in this critical time.
The World Bank said the devastating developments in Ukraine would have far-reaching economic and social implications. We are working closely with the International Monetary Fund to assess this. Malpass discussed the situation with the World Bank’s Board of Directors and said they have created a Global Crisis Risk Forum to accelerate coordination across the World Bank Group.
Malpass met Ukrainian President Volodymyr Zelensky in Munich on Saturday. He expressed the support of the World Bank Group for Ukraine and the people of the region. He said that additional resources would be provided to Ukraine to deal with the situation.