‘They got money for wars but can’t feed the poor’ | BusinessMirror Editorial

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‘They got money for wars but can’t feed the poor’ | BusinessMirror Editorial
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Since Russia invaded Ukraine on February 24, 2022, support for Ukraine has poured in from around the world. Know more:

Since Russia invaded Ukraine on February 24, 2022, support for Ukraine has poured in from around the world. That aid has reached a staggering $150 billion as of January 15, according to the Kiel Institute for the World Economy. The group is trying to keep up with all of the commitments in its Ukraine Support Tracker, which keeps tabs on government-to-government transfers of military, financial and humanitarian aid into Ukraine.

From the World Bank: “Since Russia’s invasion of Ukraine in February 2022, the World Bank Group has been working with international partners to mobilize fast-disbursing funds that help the government of Ukraine sustain essential public service delivery to the Ukrainian people, including wages for hospital workers, pensions for the elderly, and social programs for the vulnerable.

From the Associated Press: “A high-level UN conference on Wednesday raised less than $1 billion of the more than $5 billion organizers were hoping for to help over 30 million people in the Horn of Africa cope with a major climate crisis and mass displacement after years of conflict, a major disappointment to aid agencies.”

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