Istanbul authorities are launching a free travel program for 237,893 unemployed residents of the city. Each participant will receive 96 free rides for 3 months via an app or QR code.
The EIB and the EBRD will provide grant funding for the implementation of the 112 emergency system in Ukraine. The project will unite all emergency services into a single system based on European standards.
Haoliang Xu met with the head of the Kyiv RMA in Gostomel. They inspected a house rehabilitated under the UNITED24 program, where UNDP supervised the reconstruction process, which saved more than UAH 16 million.
The Cabinet of Ministers has approved attracting more than €17 million from the European Investment Bank for transport development. The funds will go to communities to upgrade municipal vehicle fleets.
The Government of Ukraine has decided to reallocate funds from the EIB for the modernization of substations. EUR 86 million will be allocated for systems to protect energy facilities from Russian attacks.
The Cabinet of Ministers initiated Ukraine's accession to the OECD Digital and Regulatory Policy Committees. This will provide access to information and experience of successful countries in implementing effective solutions in these areas.
Ukraine plans to create a €16 billion investment fund to support communities and businesses affected by the war. The fund will be part of the Ukraine Facility program and will be financed by international financial institutions.
Vitaliy Kim, Head of Mykolaiv RMA, announced plans to restore water supply in Mykolaiv by summer 2025. Prime Minister Denys Shmyhal instructed to provide funding and start work on restoring the water supply system.
The European Investment Bank will provide Kyiv with a €50 million loan to purchase new subway cars. This is the first part of a total loan of €200 million to replace 120-160 outdated Russian-made cars.
The Cabinet of Ministers has instructed the Ministry of Infrastructure to allocate UAH 2. 7 billion for the comprehensive reconstruction of several settlements. The funds will be used to restore critical infrastructure, housing and social facilities.
The international financial support will allow the government to finance the budget deficit and support the NBU reserves. The partners are expected to provide Ukraine with about USD 38 billion. USD in 2024 and USD 31 billion in 2025. USD 31 billion in 2025.
NNEGC Energoatom has signed a loan agreement with a consortium of banks for £181 million to purchase nuclear fuel from Urenco. The 5-year loan is guaranteed by the UK government through the UKEF.
The National Bank of Ukraine has strengthened the official hryvnia exchange rate by 15 kopecks to 41. 3369 UAH/USD. On the interbank market, the dollar is trading at UAH 41.35-41.37, the euro at UAH 45.00-45.01.