The World Bank stopped its programs in the Russian Federation and Belarus amid the events in Ukraine

"With the beginning of the Russian invasion of Ukraine and hostile actions against the Ukrainian people, the World Bank Group immediately stopped all its programs in Russia and Belarus", - RIA Novosti quotes a statement from the WB.

Before that, the World Bank decided to provide Ukraine with financial assistance in the amount of $3 billion. The International Monetary Fund is studying Kyiv's request for emergency funding.

It's worth reminding: on February 24, Russian President Vladimir Putin launched a military special operation in Ukraine. This was followed by tough sanctions against Russia by Western countries, which require the immediate withdrawal of Russian troops.