World Bank stops all projects in Russia, Belarus with 'immediate effect'
Shortpedia
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The World Bank has stopped all its programs in Russia and Belarus with "immediate effect" in response to Moscow`s military operations in Ukraine. "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," the international financial institution said in a statement on Wednesday.
