La Banca Mondiale approva oltre 2 miliardi di dollari di fondi per l’Ucraina

The World Bank’s Board of Directors on Dec. 18 approved $2.05 billion in Development Policy Operation (DPO) grants to Ukraine, part of which is funded by a portion of the new U.S. $20 billion loan backed by frozen Russian assets.

The DPO funds are co-financed by two sources: $1 billion the Facilitation of Resources to Invest in Strengthening Ukraine Financial Intermediary Fund (F.O.R.T.I.S. Ukraine FIF) & $1.05 billion from the Advancing Needed Credit Enhancement (ADVANCE) Ukraine Trust Fund, supported by the U.K. and Japan.

The $1 billion grant represents the first payment from the Group of Seven (G7) plan to issue $50 billion in financing to Kyiv backed by frozen Russian assets. “Despite significant challenges, Ukraine has stabilized the economy & remains focused on goals, particularly ambition to join the EU,”

Abridged (shortened) article [https://bsky.app/profile/johnhatchard.bsky.social/post/3ldmgzvbi4k2l](https://bsky.app/profile/johnhatchard.bsky.social/post/3ldmgzvbi4k2l)