WASHINGTON: World Bank President David Malpass said on Sunday the bank may be able to provide Ukraine with more financial resources within days and that additional aid for the war-torn country will be discussed by G7 finance leaders on Tuesday.
"Right now, we have an instrument that is able to move quickly in the next few days if it's - if it's needed - and the circumstances go that way," Malpass said."I briefed our board on Thursday and it can be added to by other countries that want to support Ukraine." Malpass said he would join a virtual meeting on Tuesday of finance ministers and central bank governors from the G7 Western democracies, who will discuss other options and"can decide a lot of how much aid goes into Ukraine."
Malpass also said the World Bank, along with the International Monetary Fund, was considering steps to help countries bordering Ukraine to support their intake of Ukrainian refugees, such as Romania and Moldova.