Ukraine Receives $1.5 Billion in World Bank Funding Supported by Japan and UK

The funding aims to cover budget and social spending needs amid ongoing conflict, marking a significant boost in international financial support.

Ukraine has received a $1.5 billion tranche of funding under a World Bank programme, supported by contributions from Japan and the UK.
The funds are designated for social and humanitarian purposes, as well as for the country's recovery efforts.
In March 2024, Ukraine attracted about $9 billion in total external financing from various international partners.
The financial aid will help Ukraine cover critical budget expenditures, including defense costs and social spending.
The World Bank funding is part of a broader international effort to support Ukraine amid its defense against the Russian invasion.