Ukraine may receive $700M in planned loans from World Bank

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Ukraine may receive $700M in planned loans from World Bank
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The World Bank Group is putting together financial help for Ukraine.

The bank has set up $200 million in fast-disbursing support as well as a multi-donor trust fund to help channel grant resources from donors to Ukraine.

Malpass said on Friday that World Bank shareholders were "horrified" by the war in Ukraine and there is a fear for what Russia's invasion will do to world energy and food markets.

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