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President Volodymyr Zelenskyy called for Russia's frozen assets to be made available to help Ukraine rebuild. Meanwhile, the US has imposed sanctions on 120 more targets. DW has the latest.
The World Bank (WB) announced $200 million in grant financing for a project that will repair Ukraine’s energy...
The World Bank announced $200 million in grant financing for a project that will repair Ukraine’s energy infrastructure.
The IMF chief Kristalina Georgieva praised Ukraine’s resilience in the face of the invasion, saying at the meeting that the country’s repairs, economic activity and functioning government demonstrated “victory of civility over evil.”
The World Bank announced on Wednesday a grant of $200 million toward repairing Ukraine's energy infrastructure, as officials from the war-torn country met with financial institution leaders in Washington. Russia damaged more than 50 percent of Ukraine's power infrastructure in attacks on its neighbor over the autumn and winter months. The project will target emergency repairs to electricity and heating infrastructure.