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Statement March 2, 2022

World Bank Group Statement on Russia and Belarus

WASHINGTON, March 2, 2022—The World Bank Group today released the following statement on its programs in Russia and Belarus:

“The World Bank Group has not approved any new loans to or investments in Russia since 2014. There has also been no new lending approved to Belarus since mid-2020.

Following the Russian invasion of Ukraine and hostilities against the people of Ukraine, the World Bank Group has stopped all its programs in Russia and Belarus with immediate effect.”

 

RELATED: JOINT STATEMENT FROM MANAGING DIRECTOR, IMF AND PRESIDENT, WORLD BANK GROUP


Contacts

In Washington D.C,
David Theis
(202) 458-8626
dtheis@worldbankgroup.org
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