Ukraine has received the first tranche of $1 billion from the United States from frozen Russian assets. This is part of a G7 initiative totaling $20 billion to be allocated by the United States.
Japan and the United Kingdom have provided $1 billion to Ukraine under the World Bank's DPL program. The funds will be used to strengthen the economy and finance social and humanitarian expenditures.
Intesa Sanpaolo will stop accepting payments in euros from Russian banks from January 15, 2025. The restrictions will affect mainly corporate clients of the Russian Federation, but will have exceptions for domestic transactions.
The World Bank will provide Ukraine with $2 billion through the DPL mechanism. $1 billion will come as a grant from the FIF fund at the expense of the United States, and another $1.05 billion will be provided as a loan guaranteed by Japan and the United Kingdom.
Ukraine's economy is performing better than Russia's for the first time since the invasion. The NBU forecasts GDP growth of 4% in 2024, while Russia expects only 0.5-1.5% in 2025.
The World Bank has approved a new $1. 05 billion DPO operation for Ukraine and an additional $1 billion grant. The funds will be used for economic reforms, railroad development, and renewable energy.
The President of Ukraine announced that new ambassadorial appointments and changes in the diplomatic corps are being prepared. Foreign policy work next year will be more intense and should lead to the establishment of a lasting peace.
President Zelenskyy announced the receipt of $20 billion from frozen Russian assets to an account at the World Bank. They also discussed cooperation with the EBRD on energy programs.
The Russian Foreign Ministry calls the US decision to provide Ukraine with $20 billion from frozen Russian assets a “crime. ” Moscow said it was ready to seize Western assets in response.
The NBU set the official Hryvnia exchange rate at UAH 41. 61/USD, which is 11 kopecks more. The euro is set at UAH 43.82/euro, while the dollar is trading at UAH 41.67-41.69 on the interbank market.
The US Treasury announces $20 billion for Ukraine as part of the $50 billion G7 ERA initiative. The funds will come through the World Bank from frozen Russian assets.
The NBU has set the official exchange rate at UAH 41. 50/USD and UAH 43.85/€. Various exchange rates are available at banks, exchangers and on the interbank market, with the most favorable rates on the interbank market.
Ukraine will receive $454 million from the World Bank for healthcare development under the THRIVE project. The money will be used to strengthen the effectiveness of the healthcare system in times of war.
The Cabinet of ministers approved the terms of a 40-year loan from Federal Financing Bank for. 20 billion at 1.3% per annum. The funds will come through a special fund of the World Bank and will be repaid at the expense of frozen assets of the Russian Federation.
The World Bank has approved additional funding of додаткове 664 million for the INSPIRE project in Ukraine. The funds will be used for 29 types of social payments to vulnerable segments of the population, the main funding comes from Japan.
Ukraine received 4 4. 8 billion from the World Bank as part of the PEACE Project. The funds will be used for reforms, social sphere, health care and reconstruction of the country.
The NBU has set the official hryvnia exchange rate at 41. 4387 UAH/USD, up 15 kopecks from the previous one. In exchange offices and banks, the dollar is trading in the range of UAH 41.15-41.73.
The NBU has set the official hryvnia exchange rate at 41. 2860 UAH/USD, down 3 kopecks. In banks, a dollar can be bought for UAH 41.64 and a euro for UAH 43.84.
The Cabinet of Ministers has decided to raise $4. 8 billion from the World Bank as part of the PEACE project. Funding from the United States and partners will be used for social and humanitarian programs.
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 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.
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 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.
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.
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.
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.
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.
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.
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.
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.
