World Bank
Zelenskyy: Ukraine hopes to continue cooperation with the World Bank after the end of the war
Ukraine and IBRD sign memorandum: what we will get from the World Bank
US pledges $4 billion to World Bank to support poor countries
The Government will attract a concessional loan from the World Bank for more than USD 1 billion - Shmyhal
Ukraine expects a new tranche of $1.1 billion in late December: Shmyhal reveals details of meeting with IMF mission
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Currency exchange rate as of November 12: the euro fell by almost 50 kopecks.
Currency exchange rates for November 11: The NBU raised the hryvnia exchange rate
Ukraine will receive a new tranche from the World Bank: where will billions of dollars go
Currency exchange rate as of November 8: hryvnia strengthened by 10 kopecks
World Bank allocates $750 million to Ukraine: what will the funds be used for
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Germany will provide Ukraine with an additional 200 million euros in humanitarian aid
Ukraine will receive $600 million from the World Bank: what will the funds be used for?
USAID will allocate $1.8 million for employment of Ukrainians: who will be helped
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World Bank has allocated almost $600 million for the development of Ukrainian business: what will it bring
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The US is ready to allocate $20 billion to Ukraine as part of the G7 loan
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A trust fund for Ukraine from the World Bank for at least 10 billion: Shmyhal tells where the funds will be directed
World Bank creates new fund for Ukraine with support from the US, Japan and Canada - Reuters
Shmyhal discussed with the World Bank Director the need to develop an updated assessment of Ukraine's recovery needs
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The US Treasury Department criticizes the IMF and proposes changes in the organization's approaches
Zelenskyy: Ukraine hopes to continue cooperation with the World Bank after the end of the war
President of Ukraine met with Managing Director of the World Bank Anna Bjerde. The parties discussed the establishment of the Special Trust Fund and further financial support for Ukraine.
Ukraine and IBRD sign memorandum: what we will get from the World Bank
Ukraine has signed a memorandum of understanding with the IBRD on knowledge sharing and support for reforms. The parties discussed financing reconstruction projects and supporting the internal sustainability plan.
US pledges $4 billion to World Bank to support poor countries
Joe Biden announced a three-year commitment of $4 billion to the World Bank's International Development Association. The funds will be used to provide low-interest loans and grants to the world's poorest countries.
The Government will attract a concessional loan from the World Bank for more than USD 1 billion - Shmyhal
The Ukrainian government is attracting a concessional loan from the World Bank worth more than $1 billion, with support from Japan and Britain. The EU will allocate an additional €150 million for port restoration and other projects.
Ukraine expects a new tranche of $1.1 billion in late December: Shmyhal reveals details of meeting with IMF mission
The Prime Minister of Ukraine meets with the IMF mission led by Gavin Gray in Kyiv. Ukraine expects to receive a tranche of USD 1.1 bn in late December after fulfilling all structural benchmarks.
Currency exchange rate as of November 12: the euro fell by almost 50 kopecks.
The NBU has set the official hryvnia exchange rate at UAH 41. 2982 to the dollar and UAH 43.99 to the euro. In exchange offices and banks, the rates fluctuate: USD 41.60-41.70, EUR 44.50-44.89.
Currency exchange rates for November 11: The NBU raised the hryvnia exchange rate
The NBU has set the official hryvnia exchange rate at 41. 29 UAH/USD, which is 6 kopecks stronger. The euro is set at 44.48 UAH/euro, and the dollar is trading at 41.20-41.23 UAH on the interbank market.
Ukraine will receive a new tranche from the World Bank: where will billions of dollars go
The World Bank will provide Ukraine with a grant of $1. 35 billion and €10.8 million under the PEACE in Ukraine project. The funds will be used for social and humanitarian needs of the state budget.
Currency exchange rate as of November 8: hryvnia strengthened by 10 kopecks
The NBU has set the official hryvnia exchange rate at 41. 36 UAH/USD, which is 10 kopecks stronger. In exchange offices and banks, the dollar is trading at UAH 41.20-41.70, while the euro is at UAH 44.30-45.10.
World Bank allocates $750 million to Ukraine: what will the funds be used for
The World Bank will provide Ukraine with $750 million under the SURGE project to support institutional reforms. The funds will be used to strengthen state institutions and improve public financial management.
Ukraine's international reserves have fallen to $36.6 billion: what's going on?
In October 2024, Ukraine's international reserves decreased by 6% to $36. 6 billion due to the NBU's foreign exchange interventions and debt repayments. The NBU expects the reserves to grow to $43.6 billion by the end of the year.
Germany will provide Ukraine with an additional 200 million euros in humanitarian aid
German Foreign Minister Annalena Burbock announced additional humanitarian aid to Ukraine in the amount of 200 million euros. The funds will be used to provide heating and generators for the winter period.
Ukraine will receive $600 million from the World Bank: what will the funds be used for?
Ukraine has signed agreements with the World Bank for $600 million under the RISE program to support business. The project will run until 2027 with a total budget of over $1 billion.
USAID will allocate $1.8 million for employment of Ukrainians: who will be helped
USAID CEP is launching an employment support program for youth, veterans, women, people with disabilities and IDPs. The project includes 8 components of $230 thousand each and will run from November 2024 to June 2025.
Maia Sandu announces her victory in the presidential elections in Moldova
The incumbent President of Moldova, Maia Sandu, has announced her victory in the presidential election, garnering 54% of the vote. Sandu promises to push the country toward the EU despite Russia's opposition.
World Bank has allocated almost $600 million for the development of Ukrainian business: what will it bring
The World Bank launches a $593 million program to support Ukraine's private sector. The program will help 20,000 SMEs and save 40,000 jobs.
Japan to provide Ukraine with $3 billion loan from G7 using its natural resources
Japan has agreed to allocate 471. 9 billion yen to Ukraine through a World Bank fund. The funds are part of a $50 billion G7 loan secured by frozen Russian assets.
Putin’s alternative to dollar fails to excite Brics partners - FT
Russia presented the BRICS Bridge project as an alternative to SWIFT at the Kazan summit. China, India, and other BRICS countries show little practical interest amid the risk of secondary U.S. sanctions.
At the BRICS summit, Putin tries to prove that there is an “alternative to Western hegemony” - media
The BRICS summit in Kazan brought together world leaders, including Xi Jinping and Modi. Russia is seeking to form an alliance of developing countries to counter Western dominance.
The US is ready to allocate $20 billion to Ukraine as part of the G7 loan
The US may provide Ukraine with up to $20 billion from the proceeds of frozen Russian assets. The G7 countries are negotiating the structure of a $50 billion loan agreed in June 2024.
President signs law on introduction of EU norms to the Customs Code of Ukraine: what will change
The President of Ukraine has signed a law amending the Customs Code to implement EU regulations. The law provides for the introduction of the European model of customs representation and expansion of opportunities for AEOs.
Zelensky signs law on privatization of state-owned banks: what will change
The President of Ukraine has signed a law expanding the possibilities of privatizing state-owned banks. The document is aimed at reducing the state's presence in the banking market and updates the rules for selling banks.
The President signed the law on customs reform: what is expected
Zelenskyy signed a law on rebooting customs. It provides for an annual external audit and salary increases for employees.
Sri Lanka has applied to join the BRICS
The island nation of Sri Lanka has announced its application to join the BRICS. The application will be officially submitted during the BRICS summit in Kazan on October 23-24.
A trust fund for Ukraine from the World Bank for at least 10 billion: Shmyhal tells where the funds will be directed
The World Bank Board of Directors has approved the establishment of a $10 billion special financial trust fund for Ukraine. The funds will be used to support the budget and critical recovery needs.
World Bank creates new fund for Ukraine with support from the US, Japan and Canada - Reuters
The World Bank Board of Directors has approved the establishment of a Financial Intermediary Fund for Ukraine. The Fund will receive funds from the United States, Japan, and Canada.
Shmyhal discussed with the World Bank Director the need to develop an updated assessment of Ukraine's recovery needs
The Prime Minister of Ukraine held an online meeting with the Managing Director of the World Bank. The parties discussed damage assessment, recovery priorities and reforms, in particular, housing market reform.
BES reboot: government approves commission to elect new BES director
The Cabinet of Ministers has approved the composition of a six-member competition commission to select the director of the Bureau of Economic Security. Three members of the commission are from the government and three are from international partners.
Ukraine plans to create an investment fund worth EUR 16 billion under the Ukraine Facility
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.
The US Treasury Department criticizes the IMF and proposes changes in the organization's approaches
U. S. Deputy Treasury Secretary Brent Nieman criticized the IMF's work. He called for more transparency, tougher analysis, and changes in the voting of the Fund's shareholders.