World Bank


The Cabinet of Ministers has adopted a decision to raise funds from the IBRD and Canada
The Cabinet of Ministers of Ukraine has adopted a resolution allowing Ukraine to receive a USD 1. 5 billion loan from the International Bank for Reconstruction and Development.

Oleksandr Katsuba: The second winter of war. How did the Ukrainian energy sector get through it and what's next?
How did the Ukrainian energy sector fare during the second winter of the war and what's next?.

Belgium is ready to finance Ukraine's defense needs with profits from confiscated russian assets - Shmyhal
Belgium received €1. 7 billion in profits from russian assets and will use the funds to support Ukrainian refugees and defense needs.

Shmyhal: Ukraine needs at least $37 billion in aid from partners this year
Prime Minister Denys Shmyhal says Ukraine needs at least $37 billion in foreign aid.

In two months, the Ministry of Finance has attracted more than a billion dollars of financial aid from partners
In the first two months of 2024, Ukraine received $1. 2 billion in grants and concessional financing from international partners such as Japan, Norway, and Spain, with most of the funds going to social spending through World Bank projects.

Culture and tourism in Ukraine lost more than $19.6 billion due to war - Shmyhal
According to Prime Minister Denys Shmyhal, Ukraine's cultural and tourism sectors have lost more than $19. 6 billion due to the war.

"ENABEL and Ukraine agree on plans to restore the state
The Belgian development agency ENABEL launches a large-scale cooperation with Ukraine to restore critical and social infrastructure by raising $150 million from frozen Russian assets in Belgium.

Marchenko: Ukraine needs about three billion dollars in aid every month this year
According to Ukraine's Finance Minister Sergii Marchenko, Ukraine's monthly need for external financing in 2024 will reach about UAH 3 billion.

Ukraine received $760 million in grants from Japan and Norway
Ukraine has received $760 million in grants from Japan and Norway under the World Bank's PEACE project.

US Treasury Secretary calls for finding a way to transfer Russian frozen assets to Ukraine
The U. S. Treasury Secretary has called on G20 financial leaders to find a way to transfer $300 billion worth of frozen Russian assets to Ukraine to strengthen its defense and rebuild after the war.

"They can cover a significant part of the costs." Kuleba names the volume of Russian assets in Europe and what can be rebuilt for them
Ukraine's Foreign Minister Dmytro Kuleba claims that frozen Russian assets in Western countries could cover a significant portion of the costs of rebuilding and defending Ukraine from Russian invasion.

Rada passes bill reforming corporate governance of state-owned enterprises - MP
The Verkhovna Rada passed a draft law on corporate governance reform of state-owned enterprises, fulfilling an important condition for Ukraine's European integration commitments.

The Verkhovna Rada adopted a law on capital market reform
The Verkhovna Rada passed a draft law on reforming the capital market and the Securities Commission of Ukraine.

The lion's share of Ukraine's public debt consists of long-term concessional loans from international partners - Ministry of Finance
Most of Ukraine's public debt consists of long-term concessional loans from international partners. According to the Ministry of Finance, 10 countries provided grant assistance to Ukraine, namely: The United States, Japan, Norway, Germany, Spain, Finland, Switzerland, Ireland, Belgium, and Iceland.

Ukraine expects $1.8 billion in aid from Japan in the first quarter
Japan is expected to provide Ukraine with an additional $1. 8 billion in budgetary aid in the first quarter of 2022, reports Ukraine's Finance Ministry.

Japan provides $49.4 million to rebuild housing destroyed by Russia in Ukraine
Japan provides Ukraine with a $49. 4 million grant to rebuild housing infrastructure destroyed by Russia.

Ukraine works with partners to secure $37 billion to cover state deficit
The Prime Minister of Ukraine announced that the government is working weekly with partners to attract USD 37 billion in external financing to cover the state budget deficit.

The Ministry of Economy: $5.8 billion of investments are needed to restore private business in Ukraine
According to the Ministry of Economy, Ukraine's private sector needs $5. 8 billion in investments in 2024 to restore industry and trade damaged by the war.

Ukraine's losses from the war as of the end of 2023 amounted to almost $499 billion
As of the end of 2023, Ukraine's losses from the war amounted to almost $499 billion, with sectors such as trade and industry, agriculture, energy, and transportation suffering the most.

MPs discuss attracting international assistance to prevent economic risks with representatives of the IMF mission
The parliamentarians discussed with IMF representatives the attraction of international assistance in the amount of $37 billion and more than 400 billion hryvnias for Ukraine's military campaign.

The government plans to implement joint regional recovery projects with German investors in Ukraine
The Ukrainian government discussed with the German delegation joint regional recovery projects with German investors, as well as the priorities and agenda of the 2024 Ukraine Recovery Conference in Berlin.

World Bank: Ukraine's recovery needs are estimated at $486 billion
A World Bank report estimates the total cost of reconstruction and recovery in Ukraine over the next ten years as a result of a full-scale Russian invasion at $486 billion.

Minister of Finance of Ukraine and U.S. Ambassador discuss U.S. economic support for Ukraine in the time of war
Minister of Finance of Ukraine Sergii Marchenko met with US Ambassador Bridget Brink and USAID Director Jim Hope to discuss the economic situation in Ukraine and express gratitude for the US financial support.

Parliament has not yet considered the bills necessary for a new package of financial support from the World Bank - MP
The Verkhovna Rada has not yet passed any of the three bills necessary for Ukraine to receive another package of financial support from the World Bank in the amount of $1-1. 4 billion.

Government delegation to visit Tokyo in February - Shmyhal
The Prime Minister of Ukraine announces that a government delegation will visit Tokyo in February to participate in a Japan-Ukraine conference on recovery and economic growth.

The largest contact in five years: the government, businessmen and mayors of the affected cities will visit Japan to discuss Ukraine's post-war reconstruction
The Prime Minister of Ukraine and a business delegation will meet with the Japanese government on February 19-20 to sign agreements in the fields of industry, energy, agriculture, and transportation that will help Ukraine's recovery.

They discussed the implementation of reforms in Ukraine: Shmyhal meets with delegation of US inspectors general
Prime Minister of Ukraine Denys Shmyhal today met with a delegation of Inspectors General from the Department of State, Department of Defense and the U. S. Agency for International Development.