Pause operations: company temporarily curtailing operations while keeping return options open
Leave Suspension
The World Bank is an international financial institution that provides loans and grants to the governments of low- and middle-income countries for the purposes of economic development.
Pause operations: company temporarily curtailing operations while keeping return options open
Leave SuspensionThe World Bank (WB) said it had suspended all its programs in Russia and Belarus due to "hostile actions against the Ukrainian people."
Stopped their programs in Russia and Belarus (programs were not implemented also in 2014-2020). Russia will start representing Belarus' interests in the World Bank (WB) next month (since November 2024). In March 2022, at the request of the West, the WB announced the suspension of all its programs in Belarus due to the situation around Ukraine. The WB has not provided new loans to Minsk since mid-2020.
| October 27, 2024 | Russia to Represent Belarus at World Bank |