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World Bank preparing finance options for Ukraine -Malpass -Breaking

by Mike Robinson

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© Reuters. FILE PHOTO, World Bank President David Malpass at the UN Climate Change Conference, COP26 in Glasgow, Scotland (Britain), November 3, 2021. REUTERS/Yves Herman

WASHINGTON (Reuters), – World Bank President David Malpass announced on Thursday that the bank was ready to offer immediate assistance to Ukraine amid “shocking violent and tragic loss of lives” and is preparing for quick-disbursement financing.

Malpass released a statement saying that he had mobilized the World Bank Group’s Global Crisis Risk Platform to coordinate an response between the different divisions of the lender to this invasion.

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