KYIV, Dec 19 – The World Bank announced the creation of a multilateral trust fund to support the government of Ukraine in the implementation of measures aimed at meeting the critical needs of the state in the current conditions of war and the subsequent reconstruction of the country, and attracting starting $250 million to it.

"The Ukraine Relief, Recovery, Reconstruction and Reform Trust Fund (URTF), managed by the World Bank, will provide a coordinated financing and support mechanism to assist the Government of Ukraine to sustain its administrative and service delivery capacity, conduct relief efforts, as well as plan and implement Ukraine's reconstruction and reform agenda," the World Bank said in a release on Friday.