“At the World Bank, we are preparing a $3 billion support package in the coming months, starting with a $350 million fast-disbursing budget support operation, which will be reviewed by the Executive Board this week,” underlined note.
Next, the body will present another program of 200 million in health and education.
Malpass and Georgieva also warned of the “significant economic effects” of the war in other countries, among which they mentioned the rise in the prices of raw materials and the risk of accelerating inflation.
“The disturbances in the financial markets -they added- will continue to worsen if the conflict persists”.
For its part, the IMF, which already has a financial support program worth 2.2 billion dollars for Ukraine, is working on an additional package for next week.
After months of tension, Russia launched a military operation in Ukraine six days ago, which has left at least a hundred dead, and to which the international community, led by the United States and the European Union (EU), has responded harshly. economic sanctions on Moscow to suffocate the Russian economy.
More than 150,000 Ukrainians have fled Ukraine in less than 24 hours, which means that the number of refugees who have entered one of the neighboring countries now reaches 677,000, explained this Tuesday the UN High Commissioner for Refugees, Philippo Grandi.
