The invasion in Ukraine will have far-reaching economic and social impacts – well beyond the immediate impact it is already having on the lives and livelihoods of those in the country. The World Bank Group continues to coordinate with Ukraine and other development partners to assess these costs and develop a robust response to help the Ukrainian people during this difficult period.
The World Bank’s overall portfolio of projects in Ukraine supports improvements in basic public services, in areas such as water supply, sanitation, heating, power, energy efficiency, roads, social protection, education and healthcare, and private sector development. Since Ukraine joined the World Bank in 1992, the Bank’s commitments to the country have totaled more than $14 billion in about 90 projects and programs.
Our Response to the Crisis
- The World Bank Group in Ukraine
- World Bank Mobilizes an Emergency Financing Package of over $700 million for Ukraine
- World Bank Announces Additional $200 Million in Financing for Ukraine
- Joint Statement of Heads of International Financial Institutions
- Joint IMF-World Bank Group Statement on the War in Ukraine
- World Bank Group Statement on Russia and Belarus
- Readout from World Bank Group President David Malpass’s Phone Call with Volodymyr Zelenskyy, President of Ukraine
- Blog: Developing economies must act now to dampen the shocks from the Ukraine conflict
- Blog: Compounded stress: The impact of the war in Ukraine on the Middle East and North Africa
In the News
- Ukraine will need ‘staggering’ financial support, says World Bank MD (Euractiv, March 22)
- The Path Forward: David Malpass, President, World Bank Group (Washington Post Live, March 14)
- Ukraine war is economic catastrophe, warns World Bank (BBC, March 4)
- World Bank President David Malpass on “Face the Nation” (CBS, February 27)
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