On June 19, the State Budget of Ukraine received funding of EUR 63 million from the World Bank. The funds were provided by the International Development Association (IDA) on concessional terms under the World Bank’s Public Expenditures for Administrative Capacity Endurance (PEACE) Project. The loan has a maturity of 10 years, with a 4-year grace…
The Cabinet of Ministers has allocated more than UAH 550 billion for Ukraine’s security and defense forces over the first five months of this year, Prime Minister Denys Shmyhal has reported on Facebook. “Over the first five months of this year, the government allocated more than UAH 550 billion for the Security and Defense Forces…
Minister of Energy of Ukraine German Galushchenko took part online in the 8th annual Central and Eastern European Energy Security Conference, organised by the Atlantic Council. In his speech, the Minister of Energy stressed that Ukraine was fighting not only for its independence and freedom: “We are fighting for the freedom and values of European…
IAEA Director General Rafael Grossi has said that the organization’s observers will be monitoring the Zaporizhzhia Nuclear Power Plant’s cooling pond very closely. He said this in a video message published on Twitter after his visit to the plant. “With the water that is here (in the cooling pond), the plant can be safe for…
On June 15, Prime Minister Denys Shmyhal held an online meeting with Alfred Kammer, Director of the IMF’s European Department. The Head of Government thanked the Fund’s team for their productive work on the first review of the $15.6-billion Extended Fund Facility, as well as for their appraisal of Ukraine’s progress. “We expect that the…
Ireland’s Kingspan Group is implementing a large investment project in Ukraine worth more than $280 million, Ukrainian Prime Minister Denys Shmyhal has said. In a post on Telegram, he said he had discussed the details of the implementation of this project with the company’s management. “The Irish company Kingspan Group is implementing a large investment…
The Cabinet of Ministers has already allocated almost UAH 2.5 billion to provide water to the South of Ukraine, and construction of main water pipelines is underway, the Prime Minister Denys Shmyhal has said at a government meeting. “The Government of Ukraine has already allocated almost UAH 2.5 billion to provide the South of our…