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Friday, October 11, 2024
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World Bank board approves new Ukraine fund, with money from US, Japan, Canada, sources say

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WASHINGTON (Reuters) – The World Bank’s executive board on Thursday approved the creation of a new financial intermediary fund (FIF) to support Ukraine, with contributions expected from the United States, Canada and Japan, three sources familiar with the decision said.

The only objection to the vote came from Russia, two of the sources familiar with the vote said.

(Reporting by Andrea Shalal, editing by David Ljunggren)

Disclaimer: This report is auto generated from the Reuters news service. ThePrint holds no responsibilty for its content.

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