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World Bank chief Banga open to managing G7 loan to Ukraine

Summary by The Straits Times
STRESA, Italy - World Bank President Ajay Banga told Reuters on Friday that he is \"absolutely\" open to the idea of managing a fund for Ukraine that would disburse a G7 loan to the war-torn country based on the earnings from frozen Russian assets, at least for non-military purposes. Read more at straitstimes.com.

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The Straits TimesThe Straits Times
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World Bank chief Banga open to managing G7 loan to Ukraine

STRESA, Italy - World Bank President Ajay Banga told Reuters on Friday that he is \"absolutely\" open to the idea of managing a fund for Ukraine that would disburse a G7 loan to the war-torn country based on the earnings from frozen Russian assets, at least for non-military purposes. Read more at straitstimes.com.

·Singapore
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The Economic TimesThe Economic Times

World Bank chief Ajay Banga open to managing G7 loan to Ukraine

World Bank President Ajay Banga is open to managing a fund for Ukraine, disbursing a G7 loan using earnings from frozen Russian assets for non-military purposes.

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The Straits Times broke the news in Singapore on Friday, May 24, 2024.
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