On October 2, Ukraine’s Minister of Finance, Serhiy Marchenko, signed a credit agreement with the Export-Import Bank of Korea, marking South Korea’s first financial support to Ukraine’s state budget
Tag: Economy
Significant financial support will focus on self-government projects, demining efforts, humanitarian aid, housing for internally displaced persons, and digital development
The first tranche under the HOME project aims to assist citizens whose homes were destroyed due to hostilities and terrorist attacks, focusing on combatants, people with disabilities, and large families
The Cabinet of Ministers of Ukraine has approved a resolution ensuring the use of a Trust List for mutual recognition of electronic trust services between Ukraine and the European Union, marking a significant step towards digital visa-free travel and integration into the global digital space
Kyiv School of Economics publishes comprehensive assessment highlighting the extensive economic impact of the ongoing conflict
Estonian Defense Minister Hanno Pevkur announces shift in military aid strategy, focusing on supplying Ukraine with domestically produced military goods
Active efforts are underway to unlock a $50 billion loan for Ukraine, potentially funded by proceeds from frozen Russian assets, according to U.S. Ambassador to Ukraine Bridget Brink
The country’s hemp industry sees significant growth potential, with expectations to double market value by 2025 amid continued liberalization and strategic developments
New $7.9 Billion Military Aid Package to Include Patriot Systems, Drones, and F-16 Pilot Training
Google for Startups Ukraine Support Fund announces second cohort at Lviv IT Arena, boosting innovation and economic recovery
Andriy Pishnyi emphasizes Ukraine’s critical dependence on international funding to bridge the expanded budget deficit caused by ongoing conflict
The Ukrainian government secures €10 million in preferential financing from the Development Bank of the Council of Europe (CEB) to support critical healthcare initiative
The Ukrainian Ministry of Digital Transformation celebrates the successful issuance of more than 20,000 residence permits through the Diya application over the past two years
The USAID initiative aims to bolster Ukraine’s economy by supporting women’s entrepreneurship and enhancing business growth
During the United Nations General Assembly in New York, Ukrainian President Volodymyr Zelenskyi met with U.S. President Joseph Biden to discuss ongoing support and future reconstruction efforts
In a significant move to bolster its digital economy and attract foreign investment, Ukraine’s Ministry of Digital Transformation plans to launch an electronic residency (e-residency) program in the coming days
As the fiscal year nears its end, the Biden administration is strategizing to utilize remaining funds to support Ukraine’s defense needs amid legislative challenges
Ukraine’s industrial hemp sector is poised for significant growth, with profitability potentially reaching up to 180%
The United States is set to announce a new $375 million military aid package to Ukraine, marking the largest support from Washington since May 2023
During his visit to New York, Ukrainian President Volodymyr Zelensky held strategic meetings with leaders of American energy, financial, and insurance companies to bolster Ukraine’s energy infrastructure ahead of the winter season
Ukraine advances its missile capabilities with anticipated support from Western partners, signaling significant developments in the nation’s defense sector
In a significant move to support Ukraine’s recovery, the Netherlands has announced a new aid package totaling €209.5 million aimed at rebuilding critical infrastructure
Norway expands its support to Ukraine with a substantial aid package aimed at bolstering civil and military sectors, presenting potential opportunities and considerations for investors
Leading agribusiness company Kernel reinstates its support initiatives, investing $100 million to empower farmers with essential resources.