Richard Branson, a British billionaire and founder of Virgin Galactic, has visited the city of Hostomel, Kyiv region, where fierce battles with Russian invaders were raging in late February. The relevant statement was made by Hostomel Military Administration Head Taras Dumenko on Telegram. According to Dumenko, Branson is continuously showing support for Ukraine, its sovereignty…
On June 28, the Finance Ministry placed government domestic bonds worth more than UAH 2 billion. A total of UAH 306.8 million was raised in the state budget through the placement of three-month hryvnia-denominated bonds, UAH 30.05 million – six-month bonds and UAH 12.6 million – 1.5-year bonds. In addition, a total of $46.4 million…
The Ukrainian court ruled to seize property belonging to Russian corporations totaling more than UAH 4.5 billion. The Office of the Prosecutor General noted that the pre-trial inquiry launched into the plotting and conducting an aggressive war against Ukraine identified assets of Russian corporations, including those hidden in offshore jurisdictions, that could be used in…
Ukraine received an additional JPY 65-billion (about $500 million) concessional loan under a loan agreement signed by Finance Minister Sergii Marchenko and President of the Japan International Cooperation Agency Jaika (JICA) Akihiko Tanaka. The funds are directed to the state budget to finance priority social and humanitarian expenditures, healthcare, etc. The loan is provided on…
London is ready to provide another $525 million in guarantees for World Bank lending later this year. The UK government said this in a press release. This lending is covering costs like Ukrainian public sector wages, and the running of schools and hospitals. The new support announced by the UK government brings the total amount…
The UK government is contributing up to GBP 10 million to repair Ukraine’s rail infrastructure to facilitate the export of grain from the country amid Russian aggression. “In addition to preventing grain from leaving Ukraine via the Black Sea – the route by which 96% of Ukraine’s grain has historically been exported, Russian attacks are…
Ukraine has joined the EU’s LIFE program, under which it will be able to get resources and funding to address the long-term effects of Russian aggression, as well as to restore the environment as a whole. Ukraine’s Environment Minister Ruslan Strilets and EU Commissioner for Environment, Oceans and Fisheries Virginijus Sinkevicius signed a respective document…