KYIV, Sept 13 – The World Bank has already begun work on fundraising and plans to create new trust funds at the request of Ukraine for $17 billion needed for urgent recovery, Roman Kachur, Alternate Executive Director for Ukraine at the World Bank, has said.

"To date, the government has prioritized the $17 billion needed for an urgent recovery, for the most necessary things until the end of 2023. To operate these funds, we are completing the registration of the trust funds," Kachur said during an online conference of the Center for Economic Strategy on Tuesday.