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

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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

We are the news team of the Kyiv Independent. We are here to make sure our readers get quick, essential updates about the events in Ukraine. Feel free to contact us via email with feedback and news alerts.

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The Kyiv Independent staff documented what it feels like to live and sleep in Kyiv, Ukraine, as Russia intensifies its drone and missile attacks on the city. Filmed over several weeks in June and July, our journalists take shelter in bathrooms, basements, and parking garages as explosions ring out overhead.

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