US prosecutors say the hacking resulted in the compromise of work accounts, personal emails, online storage and call records of millions of Americans
The World Bank on Friday announced $2.5 billion in additional grant financing from the US Agency for International Development (USAID )to support Ukraine's budget and maintain essential services.
The latest financing under the World Bank's Public Expenditures for Administrative Capacity Endurance in Ukraine(PEACE) project lifts the total to $20.6 billion and will support salaries in core government functions and sectors such as healthcare and education while allowing Kyiv to pay pensions and support internally displaced people.
"One year into Russia’s invasion of Ukraine, the world continues to witness the horrific destruction inflicted on the country and its people,” said World Bank Group President David Malpass.
He said that $18.5 billion of the total funds mobilised had been disbursed, reaching more than 12 million Ukrainians.
ALSO READ:
The additional funding was announced a day after US Treasury Secretary Janet Yellen said that Washington was preparing an additional $10 billion in economic assistance for Ukraine and called on the International Monetary Fund to pull together a loan programme for Ukraine.
Ukraine is seeking a $15 billion multi-year IMF package.
The World Bank-facilitated financing under the PEACE programme is set up to minimise the risk of corruption. The World Bank transmits funds to cover Ukraine's expenditures a month after they are made, once it has verified that the money has gone to the government employees, pensioners and other recipients.
The latest USAID funds will be transmitted to the government of Ukraine after the World Bank verifies eligible expenditures.
The total of $20.6 billion in emergency financing comes from commitments and pledges from, the United States, Britain, the Netherlands, Spain, Norway, Germany, Canada, Switzerland, Sweden, Denmark, Austria, Finland, Ireland, Lithuania, Latvia, Iceland, Belgium, and Japan.
US prosecutors say the hacking resulted in the compromise of work accounts, personal emails, online storage and call records of millions of Americans
Indonesian rescuers called off the search for any remaining Rohingya refugees after 75 were rescued
The child died after a ceremonial chariot ran over her, after she slipped and fell from her father's arms amid the chaos
Former ministers Anantkumar Hegde, VK Singh excluded from the ruling party's list of candidates
Putin declared a national day of mourning after pledging to track down and punish all those behind the attack
Indian warship INS Kolkata nabbed the pirates after a 40-hour-long operation on March 16
They are extremely moved by the public's warmth and support and are grateful for the understanding of their request for privacy at this time, a statement said
The Russian president says four gunmen were arrested while trying to flee to Ukraine