The World Bank in Oct 2024 set up a Financial Intermediary Fund (FIF) to assist which country?
The World Bank in Oct 2024 set up a Financial Intermediary Fund (FIF) to assist which country?
ورلڈ بینک نے اکتوبر 2024 میں کس ملک کی مدد کے لیے ایک فنانشل انٹرمیڈیری فنڈ قائم کیا؟
Explanation
In October 2024, The World Bank set up a Financial Intermediary Fund (FIF) to assistant Ukraine.
In June 2024, the leaders of G7 had agreed on a framework agreement to provide a loan of $50 billion to Ukraine.
There has been a war between Russia and Ukraine since 2022.
Additional Information:
Ukraine is a country of Europe with its capital Kiev.
Ukraine is the second largest country by area in Europe after Russia.
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