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…
The United States has provided about $23 billion in budget support to Ukraine since the beginning of the full-scale Russian invasion, the Ukrainian Finance Ministry’s press service reports. “Since February 24, 2022, total budget assistance from the United States has reached about $23 billion. The funds raised have become a significant contribution to the stability…
The G7 countries have reaffirmed their support for strengthening cross-border connectivity, including infrastructure and building sustainable supply chains, as well as integrating Ukraine’s transport network through the development of new rail links to the European gauge. This is stated in the Declaration approved following the G7 Transport Ministerial Meeting, which was attended by Oleksandr Kubrakov,…