The banking system of Ukraine showed its preparedness, as it endured Russian missile attacks on energy infrastructure in the first two spring months. However, some difficulties were observed in the operation of bank offices in the most affected settlements. The relevant statement was made by Globus Bank Board Chairman Serhii Mamedov. “Of course, it is…
The German delegation was demonstrated the urgent needs of the energy sector that had arisen after the recent rocket attacks by russia and investment opportunities in key sectors of the national economy – energy, transport and logistics, agro-processing, mining of critical materials and green metallurgy. This was stated by Yuliia Svyrydenko, First Deputy Prime Minister…
The International Monetary Fund (IMF) expects that Ukraine’s general government gross debt may rise to 94% of GDP in 2024, which is lower than the previous forecast. The relevant data were included in the IMF’s Fiscal Monitor report, which was presented by IMF Fiscal Affairs Department Director Vitor Gaspar in Washington on April 17. According…
On April 17, the U.S. Chamber of Commerce hosted the U.S.-Ukraine Partnership Forum. The event was attended by representatives of the governments, businesses from both countries and leading financial experts. Ukraine was represented by Prime Minister Denys Shmyhal, Minister of Finance Sergii Marchenko and Deputy Minister of Finance for European Integration Yuriy Draganchuk. The Forum…
The purchase of trams by Lviv is part of the Ukraine Urban Public Transport Project, a EUR 200-million framework loan from the EIB. This investment provides city councils and municipal transport companies with the resources to equip Ukrainian cities with modern urban public transport such as trolleybuses, trams and buses. The project is managed by…
The full-scale invasion of russia has had a significant impact on food security and the operations of Ukraine’s agricultural sector. In particular, the logistics chains of agricultural exports to global markets have been affected. Therefore, it is necessary to create a threat-resistant agricultural supply system to ensure food security for Ukraine and the world. Taras…
Since the launch of the Vlasna Sprava (Own Business) programme, 15,600 Ukrainians have become winners and will receive microgrants from the state to start or develop their businesses totalling UAH 3.7 billion. The winners of the sixth wave of the programme this year are 573 Ukrainians who will receive UAH 136 million to develop their…