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February 26, 2022
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WB and IMF announce support for Ukraine

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Newspaper La Jornada
Friday, February 25, 2022, p. 6

Washington. The leaders of the World Bank (WB) and the International Monetary Fund (IMF) said they were ready yesterday to help Ukraine and warned that Russia’s invasion will have repercussions on the global economic recovery.

The conflict adds significant economic risk to the region and the world, warned the director of the IMF, Kristalina Georgieva, on Twitter. The institution is in the process of disbursing $2.2 billion in assistance to Ukraine under a loan program that will end in June.

World Bank President David Malpass tweeted that he is deeply saddened and horrified by the devastating events in Ukraine, which will have a far-reaching impact.

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