World Bank Group channels donor financing to support Ukraine's recovery

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The World Bank Group is providing various financial instruments to support Ukraine's essential services, infrastructure, and private sector recovery. These mechanisms include trust funds like the URTF, which has mobilized $2.8 billion in donor contributions, and the PEACE project, financing civilian employee salaries and aid to vulnerable populations. Additional support comes from the ADVANCE Ukraine TF, backed by Japan with $12.5 billion in promissory notes, and IFC's ERA Program, which has provided $3 billion in financing to businesses.


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World Bank Group channels donor financing to support Ukraine's recovery | News Minimalist