World Bank
55-year-old Nepali Kami Rita made his 31st ascent of Everest, becoming a record holder. He first climbed the mountain in 1994, and his contribution helps Nepal gain worldwide recognition.
Yulia Svyrydenko announced the completion of all procedures for the launch of the US-Ukraine Reconstruction Fund. The fund will promote the reconstruction and economic growth of Ukraine.
The government allocates funds for the reconstruction of three residential buildings and a hospital in the Zaporizhzhia region. UAH 598 million was also allocated for reconstruction in the Kharkiv region.
The World Bank will allocate $84 million to Ukraine for the restoration of housing damaged by Russian aggression under the eRecovery program. The funding will allow the repair of more than 25,000 households.
In two years of the "eRestoration" program, Ukrainians have received funds for repairs and certificates for purchasing new housing. 9,600 have already purchased new homes.
Prime Minister Shmyhal discussed the implementation of the investment fund with Julie Davis. He also thanked the United States for its support in the fight against the aggressor and noted the role of American business.
The Ministry of Health hopes for savings from the tender for the overhaul of the medical and diagnostic building of "Okhmatdyt". The Howard Buffett Foundation will allocate equipment worth over $11 million.
The Ukrainian delegation discussed with the IMF increasing revenues to the 2026 budget, including increasing VAT and switching to a progressive personal income tax scale, as well as de-shadowing the economy.
The Trump administration has struck a deal with Ukraine giving the US privileged access to its natural resources, including aluminum, oil and gas. The agreement provides for an investment fund to finance military aid.
The government has simplified procedures for private oil and gas production enterprises. Ukraine will receive $70 million from the World Bank to purchase solar panels for generating facilities.
Since the beginning of the war in Ukraine, at least 200 people have been injured by mines during agricultural work. The government is improving the mechanism for compensating for landmine clearance.
The Prime Minister stated that Russian attacks have led to the loss of almost 50% of gas production. To compensate for these losses, Ukraine is actively working on gas imports.
Oil prices rose due to US-China trade talks and a possible increase in OPEC+ supply. Brent rose to $67.08, WTI to $63.26 per barrel.
Ruslan Kravchenko believes that the criteria for joining the "club" should be expanded so that more tax-paying enterprises can join it.
Saudi Arabia and Qatar have pledged to pay off Syria's debt to the World Bank, paving the way for funding to rebuild the economy. US sanctions remain an obstacle to full support.
Prime Minister Denys Shmyhal stated that partners have confirmed the provision of over $39 billion in budget support to Ukraine in 2025. He also emphasized the importance of confiscating Russian assets.
The World Bank will allocate $70 million to Ukraine to support the energy system. The funds will be used to purchase energy storage systems for "UkrHydroEnergo".
U. S. officials are trying to prevent the International Energy Agency from providing data on renewable energy. This has caused irritation among European officials.
The Head of the Tax Service, Ruslan Kravchenko, stated that businesses in Ukraine are dissatisfied with frequent changes in legislation. He emphasized that the changes should be strategic.
The World Bank confirmed its forecast for Ukraine's GDP growth in 2025 at 2%. The state budget deficit will remain around 20% of GDP.
A government delegation of Ukraine, led by Prime Minister Denys Shmyhal, has started work in Washington at the Spring Meetings 2025. Ukraine's needs for 2026 and attracting investment will be discussed.
Why the NBU's chief legal counsel should leave office.
World Bank leaders assured Ukraine of support and expanded assistance. They discussed the implementation of projects, attracting investments and reforms for joining the EU.
US trade shock rocked markets and confidence, exacerbating global threats according to a Brookings-FT study. IMF is set to cut growth forecasts due to rising uncertainty.
The National Bank of Ukraine set the official dollar exchange rate at 41. 3955 UAH/USD, which devalued the hryvnia by 1 kopeck. The official euro exchange rate was 47.02 UAH/EUR, and the zloty rate was 10.99 UAH/PLN.
The Cabinet will attract 84 million dollars from the World Bank within the HOPE project for compensation payments under the "eRecovery" program. In total, more than 96,000 families received support.
A new round of negotiations between Ukraine and the United States regarding the agreement on minerals will start on April 24. The success of the negotiations will determine whether the agreement will be ready by April 26.
The NBU stated that the Rada may adopt a law on war risk insurance as early as the first half of 2025. This should attract private capital to the economy.
By the end of 2025, it is planned to adopt law №12377 on housing policy, which should solve the housing problems of Ukrainians. It will abolish the Housing Code of 1983, which no longer works.
In February 2025, prices for gas, fertilizers, corn, and metals increased. Price decreases affected iron ore, wheat, and oil, reported the Ministry of Economy.