World Bank prepares $350M to allocate to Ukraine

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World Bank prepares $350M to allocate to Ukraine
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The World Bank said it was preparing a $350 million disbursement to Ukraine to be considered by the group's board by the end of March.

Ukrainian servicemen patrolling along the frontline outside of Svitlodarsk on Feb. 19, 2022. Photo: Wolfgang Schwan/Anadolu Agency via Getty Images

The World Bank on Saturday said it was preparing a $350 million disbursement to Ukraine to be considered by the group's board by the end of March,The disbursement would be part of a plan for short- and long-term financing, World Bank President David Malpass said in a meeting with Ukrainian President Volodymyr Zelensky, per Reuters.The World Bank did not immediately respond to Axios' requests for comment.

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