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    HomeWorldAmericaWorld Bank preparing to disburse another $530 million to Ukraine-Malpass

    World Bank preparing to disburse another $530 million to Ukraine-Malpass

    WASHINGTON (Reuters) - World Bank President David Malpass said on Thursday that the lender is preparing to disburse another $530 million to Ukraine by the end of October, financing enabled by guarantees from Britain and Denmark that brings total World Bank disbursements to the war-torn country to about $11 billion this year.

    Malpass said it was appropriate for the world community to address Ukraine's financing needs in a unified fashion despite needs elsewhere because Russia's invasion is "causing massive problems for the world."

    (Reporting by David Lawder)

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