The Government has adopted Resolution No. 631 “On approval of the budget of the Pension Fund of Ukraine for 2023”. The budget revenues of the Pension Fund of Ukraine are set at UAH 768.9 billion, including: – UAH 451.1 billion – own revenues; – UAH 27.7 billion – funds from mandatory state social insurance; –…
Since the launch of the State Programme Affordable Loans 5-7-9%, business entities have received 64,485 loans from authorised banks totalling UAH 208.75 billion, of which 42,964 from public sector banks totalling UAH 91.3 billion (as of June 26). Over the past week, 361 soft loans totalling UAH 1.7 billion were issued under the programme, including…
At the Ukraine Recovery Conference in London, countries and organizations pledged about $60 billion in aid to support the reconstruction of Ukraine, Prime Minister of Ukraine Denys Shmyhal wrote on Facebook. “Last week, was marked by the Ukraine Recovery Conference in London, where Ukraine received practical results that strengthen our resilience and accelerate reconstruction. Financial…
The European Union, through the Connecting Europe Facility (CEF), will allocate funds to Ukrzaliznytsia JSC to develop border crossings with the Republic of Poland, Romania, the Slovak Republic and Hungary, Yevhen Lyashchenko, the chairman of the board of UZ, has announced. “Ukraine is actively working to integrate its railway infrastructure into the EU. We have…
Minister of Energy of Ukraine German Galushchenko met with the Ministers of Foreign Affairs of Slovakia Miroslav Wlachovsky and Azerbaijan Jeyhun Bayramov at the Ukraine Recovery Conference in London. The key topic of the meetings was assistance to the Ukrainian energy sector from foreign partners. German Galushchenko thanked the friendly countries for their support, in…
The Ministry of Economy, together with international partners, has agreed to launch the Ukraine Recovery Guarantee Facility, which will help provide war risk insurance to the private sector. The programme will initially focus on trade insurance, but will later be expanded to include investment insurance. This was stated in a multilateral letter of intent signed…
The Ministry of Energy of Ukraine and the UK Foreign, Commonwealth & Development Office (FCDO) have signed a memorandum on the Energy Partnership between the two countries. The document was signed by German Galushchenko, Minister of Energy of Ukraine, and Leo Docherty, Parliamentary Under Secretary of State for Europe at the Foreign, Commonwealth & Development…