The World Bank approved a $150 million soft loan for food security in crisis-hit Lebanon to stabilize bread prices during the coming months, the economy minister said Monday.
The World Bank on Wednesday (local time) has stopped all its programs in Russia and Belarus with "immediate effect" in response to Moscow's military operations in Ukraine.
Amid crisis in Ukraine, World Bank is preparing a USD 3 billion support package for the country in the coming months and IMF is considering requests for emergency financing.