Ukraine has received a substantial grant of $3.9 billion from the United States through the World Bank, as announced by the Prime Minister of Ukraine, Denys Shmyhal, on Monday, August 5th
Tag: Economy
Norway has announced a financial aid package of nearly $7.5 million to support Ukrainian children affected by the ongoing conflict
On August 2, the Cabinet of Ministers of Ukraine approved a draft law for the ratification of a grant agreement between the governments of Ukraine and France
The Ukrainian government has secured a substantial financial commitment from the European Union, earmarking €50 million for the repair and development of Odesa’s port infrastructure
Ukraine is set to receive a $3.9 billion grant from the United States, which will be allocated to essential public expenses, including salaries for state employees and social support
Minister of Finance Serhiy Marchenko reveals that the war in Ukraine incurs daily costs of 5.6 billion UAH, leading to a significant financial and moral crisis
Swiss oil trader Vitol Group pays $6.4 billion to top managers in 2023 amidst record profits driven by the war in Ukraine and the global energy crisis.
The United States has announced a new $200 million military aid package for Ukraine, including interceptor missiles, HIMARS systems, and artillery ammunition, to bolster Ukraine’s defense capabilities
The Verkhovna Rada has passed a draft law (No. 7331) that simplifies business conditions during martial law by allowing businesses to operate with a declaration in lieu of traditional permits and licenses
Deputies of the Verkhovna Rada propose a new segmental approach to categorize entrepreneurs into five distinct categories, aiming to provide targeted regulatory benefits and support
Penny Pritzker, the US Special Representative for the Economic Recovery of Ukraine, arrived in Kyiv to discuss rebuilding efforts and promote a transparent business environment and rule of law
The “Drone Coalition” creates a €45 million fund for Ukraine to supply 1 million drones and advanced drone technologies, enhancing Ukraine’s defense capabilities
Former US Secretary of State Mike Pompeo and David Urban outline a potential peace plan for Ukraine under Donald Trump, emphasizing military and economic strategies to counter Russian aggression
The streets of Kyiv, rich with ancient history, offer a unique blend of tradition and modernity, making the city a magnet for bold investors in elite real estate
The “Made in Ukraine” program has branded over 26 million product items within six months, supporting domestic manufacturers and boosting the national economy
The G7 countries are set to finalize a framework agreement for a $50 billion loan to Ukraine, serviced by revenues from frozen Russian assets, by October
In the first half of 2024, Ukraine’s honey exports reached 48,000 tons, generating over $91 million in foreign exchange earnings, despite a drop in average prices
The Antimonopoly Committee of Ukraine (AMCU) has approved CRH’s purchase of two Buzzi cement plants, marking a significant investment in the country’s construction industry
The Individual Deposit Guarantee Fund sold assets of Russian state banks through Prozorro.Sales, raising ₴5.2 billion over two years
The National Bank of Ukraine (NBU) updates capital adequacy, liquidity assessment, and leverage ratio requirements for banks and banking groups to align with EU standards.
Fitch Ratings assesses Ukraine’s financial stability amid war, highlighting the challenges of financing military expenditures and the importance of international support
The Dutch Good Growth Fund (DGGF) has invested EUR 4.5 million in Bank Lviv, marking a significant step in supporting small and medium-sized businesses in Ukraine
On July 24, President Volodymyr Zelensky signed the “white business club” law, introducing new benefits for entrepreneurs who maintain high levels of tax compliance
Since early June, almost 250 tons of Ukrainian honey from Odesa have been exported to the USA, highlighting the high quality and global appeal of Ukrainian honey