Since May 2022, Gevorg Sargsyan has been Head of Operations in Eastern Europe, and has also been involved in the bank’s programs in Ukraine and Moldova.
The Permanent Head of the World Bank Office in Ukraine Gevorg Sargsyan arrived in Kyiv. This was stated in a WB statement on Monday, July 3.
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Since May 2022, Sargsyan has been the Head of Operations in Eastern Europe, and has also been involved in the bank’s programs in Ukraine and Moldova.
“Despite Russia’s aggression, the World Bank and its partners stand ready to continue helping the government of Ukraine meet people’s basic needs to keep hospitals running, children going to school, and pensions are paid. The war has taken a toll on the country, but the people and government of Ukraine have shown incredible resilience. Through our projects and technical assistance, we will help Ukraine achieve a prosperous, peaceful and stable future,” Sargsyan said.
Gevorg Sargsyan, an Armenian national, has been with the World Bank since 2000. For 23 years, he has worked in various sectors and regions, including fragile and affected countries.
The World Bank noted that support was mobilized after Russia’s invasion of Ukraine, allowing the Ukrainian government to provide basic public services to more than 13 million citizens. The World Bank has mobilized more than $37.5 billion in emergency funding in support of the people of Ukraine, including pledges and guarantees from donor countries such as the United States, Japan, Great Britain, Norway, the Netherlands, Spain , Germany, Canada, Switzerland , Sweden, Denmark, Austria, Finland, Ireland, Lithuania, Latvia, Iceland and Belgium.
Earlier it became known that since the beginning of the war, Ukraine has received 170 billion euros in aid. This amount includes military, financial and humanitarian aid from 40 states, as well as European institutions, the IMF and the World Bank.
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Source: korrespondent
I’m Liza Grey, an experienced news writer and author at the Buna Times. I specialize in writing about economic issues, with a focus on uncovering stories that have a positive impact on society. With over seven years of experience in the news industry, I am highly knowledgeable about current events and the ways in which they affect our daily lives.