World Bank Managing Director of Operations Axel van Trotsenburg speaks during an interview with Reuters in Sarajevo, Bosnia and Herzegovina, September 14, 2022.World Bank Managing Director of Operations Axel van Trotsenburg speaks during an interview with Reuters in Sarajevo, Bosnia and Herzegovina, September 14, 2022.
He said the bank had created a platform to combine its direct support and additional support from countries such as the United States, Britain and Japan, along with separate guarantees from European states, and also facilitate co-financing and parallel financing. It had also created a trust fund for donors.
“We set up system through which we could help the continuation of the state functions of Ukraine – paying teacher salaries, pensions, helping the health system. That has worked very well and some of our partner countries wanted to use that mechanism because we can then also trace money,” van Trotsenburg said.
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