Kristalina Georgieva, the managing director of the International Monetary Fund, warned that the conflict posed a substantial economic risk for the region and internationally. She added that the Fund could help other countries impacted by the conflict, complementary to a $2.2 billion loan package being prepared to assist Ukraine. David Malpass, the president of the World Bank Group, said that the conflict would have far-reaching economic and social effects, and reported that the bank was preparing options for significant economic and fiscal support to Ukrainians and the region.[20]