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World Bank approves $723 million emergency financial package for Ukraine

By Victor I. Nava
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World Bank approves $723 million emergency financial package for Ukraine

The World Bank announced on Monday that it had approved a $723 million emergency financial package for Ukraine as the country wards off a Russian invasion.

The Financing of Recovery from Economic Emergency in Ukraine, or FREE Ukraine, package contains loans and grants pledged by several countries that aim to help the Ukrainian government provide “critical services,” according to the World Bank.

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Finance Russia-Ukraine War Ukraine World Bank