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externalWorld Bank prepares $170 billion aid package for Ukraine, forecasts drop in global economic growth due to war.

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April 19, 2022 7:20 amby The Kyiv Independent news desk

According to a Fox Business report published on April 18, the World Bank has lowered its annual global economic growth forecast due to Russia’s war from 4.1 percent to 3.2 percent. Of the $170 billion aid package, $50 billion will reportedly be spent in the next three months, and the remaining $120 billion in the upcoming year. 

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The Kyiv Independent news desk
Author:  The Kyiv Independent news desk
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