World Bank
Ukraine is expecting a tranche of EUR 4.2 billion under the Ukraine Facility program in the near future - Shmyhal
Ukraine received $3. 9 billion from the US and expects €4.2 billion from the EU under the Ukraine Facility program. Prime Minister Shmyhal said that the funds will be used for non-military budget expenditures and social obligations.
Grain from Ukraine: Ukraine supplies 538 tons of oil to Mauritania
A new batch of humanitarian aid from Ukraine has arrived in Mauritania. 538 tons of vegetable oil provided with the support of Finland and WFP will provide food for the poor and refugees in the Mbera camp.
Ukraine receives $3.9 billion grant from the US - Shmyhal
Ukraine received the first tranche of direct budget support from the United States in 2024. The funds will help finance priority budget expenditures, including salaries for teachers, doctors and rescuers, and social benefits.
Ukraine will receive $3.9 billion from the US in the near future, the agreement has been signed - Ministry of Finance
The Minister of Finance of Ukraine has signed an agreement on a $3. 9 billion grant from the United States. The funds will be used to pay salaries to teachers, employees of the State Emergency Service, government agencies, and social benefits.
A step backward in the availability of communication: What mobile operators say about tax hikes
The government plans to raise the military tax for mobile operators to 5%. Operators consider this a step backwards in terms of accessibility and warn of a possible rise in prices.
Ukraine expects €4.1 billion tranche from the EU in September, attracts $3.9 billion grant from the US - Shmyhal
Ukraine fulfilled the conditions for receiving a tranche from the EU in September. The government is also attracting a grant from the US for salaries and social programs through the World Bank.
Shmyhal meets with World Bank delegation: says he wants to make next year "predictable and stable"
Prime Minister Denys Shmyhal said he met with a World Bank delegation to discuss priorities, including rapid recovery, energy and the confiscation of frozen Russian assets, and expressed confidence in this year's efforts to make next year predictable and stable.
Cabinet of Ministers allocates additional almost UAH 2 billion to restore heat supply to Kharkiv - Shmyhal
The Cabinet of Ministers has allocated an additional UAH 1. 9 billion in grants from the World Bank to restore heating in Kharkiv by the next winter season.
Shmyhal on access to funds under the Ukraine Facility program: we need to create a single list of projects as soon as possible
Shmyhal held the first meeting of the Steering Board for the Coordination of Central Executive Authorities to support Ukraine's participation in the Multi-Donor Coordination Platform. According to him, the country already has access to funding under the EU's Ukraine Facility program, so we need to form a single list of projects as soon as possible.
Ukraine has entered the category of countries with higher than average incomes - World Bank
According to the World Bank, Ukraine entered the upper-middle-income category for the first time in 2023, thanks to economic growth of 5. 3% and a population decline of more than 15% following the Russian invasion.
Farmers received UAH 220 million of support for gardens and greenhouses this year
This year, the Ukrainian government has provided more than UAH 220 million to 55 agricultural enterprises for the development of horticulture, berry growing, viticulture and greenhouse farming.
Ukraine needs another $9.5 billion this year for priority recovery
Ukraine needs an additional $9. 5 billion this year to finance its priority recovery needs.
Doctors of Odesa received modern electric vehicles for primary medical care
The Odessa region received from the Ministry of health 4 Modern Electric Vehicles for primary health care doctors to visit patients in remote areas, in addition to 3 similar vehicles received earlier.
Russian money should become a key source of Ukraine's recovery - Shmyhal
Russian money from frozen assets worth more than $300 billion should be a key source for Ukraine's long-term recovery from the war, with $50 billion of these assets to be provided by the G7 countries this year.
The World Bank will provide Ukraine with $109 million for housing reconstruction and energy sector support projects
The World Bank will provide Ukraine with more than $100 million in grants to repair housing damaged by Russian shelling and restore energy services, including district heating in Kharkiv.
G7 set to form Ukraine aid fund using income from frozen Russian assets - Nikkei
The G7 countries plan to create a fund that uses revenues from frozen Russian assets to provide financial assistance to Ukraine without requiring a refund, media reports say.
Damages and losses in energy as a result of the invasion of the Russian Federation exceeded 56 billion dollars - KSE
Due to Russia's full-scale invasion of Ukraine, the energy sector suffered direct losses of 1 16. 1 billion and indirect financial losses of 4 40.1 billion, while restoration needs amount to 5 50.5 billion for the complete reconstruction of destroyed facilities.
As part of the PEACE Project, Ukraine received more than 38 billion
The World Bank's Managing Director of Operations, Anna Bjerde, said that within the framework of the PEACE project, we managed to attract 42 billion dollars, of which we have already transferred more than 38 billion dollars to Ukraine in tranches.
The World Bank will support Ukraine in improving the situation on the housing market, simplifying building codes and protecting home buyers
The World Bank will support simplifying the rules of new construction and improving the protection of citizens who buy real estate in Ukraine, in order to improve the situation on the housing market.
EU to consider G7 plan for use of profits from Russian assets after G7 summit
Finance ministers will consider using the profits from immobilized Russian assets in the West to provide a large-scale loan to Ukraine after the G7 summit in June.
NBU downgrades economic growth forecast for this year from 3.6% to 3% due to energy sector losses
Due to losses in the energy sector, the NBU lowered its economic growth forecast for this year from 3. 6% to 3%. However, economic growth is expected to accelerate to 4-5% in the coming years.%
US seeks EU sanctions guarantee to back $50bn Ukraine loan - FT
The US is ready to lead a loan of $50bn to Ukraine repaid by profits from frozen Russian assets if the EU can indefinitely extend sanctions against Moscow, according to a leaked discussion paper.
The National Bank explained one of the requirements of the IMF regarding financial inclusion
The head of the National Bank of Ukraine explained that expanding access to financial services, including the reintegration of territories, veterans and solving problems with migration flows, is a requirement of the IMF for Ukraine to receive the next tranche of assistance.
EU ambassador to Ukraine holds first meeting with officials
EU ambassador to Ukraine Katarina Maternova held her first meeting with Ukrainian officials, including Prime Minister Denys Shmyhal, to discuss Ukraine's priorities, urgent energy needs in connection with Russia's attacks, as well as reforms related to the IMF program, EU funds and anti-corruption efforts.
Security agreement with Norway: text published
Norway allocates NOK 75 billion (approximately EUR 6. 4 billion as of May 2024) to Ukraine for 2023-2027.
Energy sector losses worsen economic growth forecast for 2024 - National Bank
Due to Russian missile strikes destroying critical infrastructure, especially in the energy sector, the National Bank of Ukraine lowered its forecast for Ukraine's economic growth in 2024 to 3%.
Reparation loan: the NBU told about an innovative financial instrument
The head of the National Bank of Ukraine proposed an innovative mechanism of "reparation credit", in which Ukraine will receive long-term loans from partners with collateral in the form of claims of Ukraine for damages from Russia and guarantees from frozen Russian reserves, which will be used in the event of Russia's refusal to pay reparations.
Lithuania allocates 5 million euros for reconstruction of schools and kindergartens in Ukraine
Lithuania allocates 5 million euros for the reconstruction of destroyed schools and kindergartens in Ukraine, including the construction of bomb shelters.
The World Bank is ready to manage the G7 loan fund for Ukraine using Russian assets
World Bank President Ajay Banga expressed his readiness to manage a G7 loan fund for Ukraine secured by frozen Russian assets for non-military purposes, using the World Bank's experience in managing similar donor funds.
A number of state-owned companies want to go through the process of corporatization - Ministry of Economy
A number of state-owned companies have announced their intentions to go through corporatization, which is expected to attract billions of hryvnias in investment and open up new opportunities through corporate governance.