Overview

• 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.