The has announced $530 million in supplemental funding for Ukraine to enable it to “meet urgent needs created by Russia’s invasion.”
The support, in the form of a new loan from the International Bank for Reconstruction and Development, is being guaranteed by Britain to the tune of $500 million, with Denmark backing the remaining $30 million.
The bank said it had already mobilized almost $13 billion in emergency funding for Ukraine, $11 billion of which had already been disbursed.