Following a meeting with International Monetary Fund Managing Director Kristalina Georgieva in New York, President Volodymyr Zelenskyi said that the IMF would help secure some of the funding needed to ensure Ukraine’s financial stability next year. “I met with International Monetary Fund Managing Director Kristalina Georgieva. The IMF will help secure some of the funding…
$841 million from the World Bank has been attracted under the PEACE in Ukraine Project. The financing was provided by the International Bank for Reconstruction and Development (IBRD) under a guarantee from the Government of Canada. The funds will be used to reimburse State Budget expenditures on old-age social payments. The financing was raised under…
There are currently around 120 industrial parks listed in Ukraine’s register of industrial parks, of which around 40 are already active, compared with just two before the full-scale invasion. Deputy Chairman of the Verkhovna Rada Committee on Economic Development Dmytro Kysylevskyi said this. “There are currently slightly more than 120 industrial parks registered in the…
The government will allocate UAH 150 million from the Fund for the Elimination of the Consequences of Armed Aggression to restore 11 apartment buildings in Zaporizhzhia region damaged by Russian attacks. The relevant changes are provided for by the decision of the Cabinet of Ministers, prepared by the Ministry of Reconstruction, Infrastructure and Transport of…
More than 50 investment and trade projects from across the C8 countries are on the table at the Carpathian Economic Forum – in oil and gas, energy, infrastructure and culture – worth a combined total of over EUR 1 billion, Prime Minister of Ukraine Sergii Koretskyi has announced. “The next step is to move ahead…
The Ministry of Economy and Environment of Ukraine, in constant dialogue with business, is working on solutions that will promptly help enterprises continue their work and recover after Russian attacks. In response to the request of entrepreneurs, the Government has already introduced a package of support for businesses that suffered as a result of shelling.…
Massive Russian attacks on warehouse infrastructure have complicated the logistics of supplying certain categories of food, but have not created a threat of food shortages in Ukraine. Production remains stable, and business is adapting logistics and moving from large warehouse centers to a more extensive network of smaller warehouses. This was stated by the Minister…