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Wednesday, 06 November 2024, 08:36
26 April 2022
The international partners noted the success of the measures taken by the National Bank of Ukraine (NBU) to support the economy and maintain financial stability in Ukraine under martial law, and expressed their willingness to continue to assist Ukraine.
Every day of the war increases the scale of its consequences, losses for the Ukrainian and global economies.
The Russian invasion of Ukraine has significantly disrupted Ukrainian agricultural production and this year's grain harvest in Ukraine is likely to be about 20% lower than in 2021 due to reduced sowing areas.
Ukraine is asking the Biden administration to provide at least $2 billion per month in emergency economic aid, arguing that failure to deliver the money could exacerbate the humanitarian crisis caused by Russia's invasion.
25 April 2022
Prime Minister of Ukraine Denys Shmyhal told representatives of the U.S. Congress about Ukraine’s urgent needs to restore its economy during the war.
As of April 25, 2022, the balance on the special fundraising account the National Bank of Ukraine (NBU) opened to support the Armed Forces of Ukraine totals over UAH 45 million.
The Anonymous group of international hackers has gained access to over a million emails of ALET, a Russian customs broker that deals with the exporters of petroleum products, coal, and liquefied gas.
Russia’s full-scale aggression has destroyed about $650 billion worth of Ukrainian assets.
Ukrainian Agrarian Policy and Food Minister Mykola Solskyi has paid a working visit to the Republic of Latvia to discuss the possibility of agricultural exports via Latvian ports.
Ukraine will now be able sell its electricity on the European market.
24 April 2022
Ukrainian refugees who want to stay abroad for a long time could be a positive factor for Europe which will experience labor shortages in the medium term.
The international community supports Ukraine's strategy for speedy economic recovery, particularly in the areas where there are no hostilities, and is ready to seek ways to provide financial assistance.
The memorandum on strengthening cooperation in the railway sector with Poland will help dramatically increase the rail transportation of Ukrainian exports to the EU and world markets through Europe.
23 April 2022
Prime Minister of Ukraine Denys Shmyhal discussed further assistance to Ukraine with IMF Managing Director Kristalina Georgieva.
Prime Minister of Ukraine Denys Shmyhal and U.S. Deputy Energy Secretary David Turk discussed the energy challenges caused by the war.
A broad coalition of partners, not just individual countries, is ready to guarantee Ukraine financial support amid the war to meet the current needs of the Ukrainian economy.
The World Bank will provide $170 billion over the next 15 months in support to the low income countries faced with economic hardship as a result of Russia’s invasion of Ukraine.
Ukraine does not need debt write-off or restructuring as the country has no problems with servicing it.
22 April 2022
Ukrainian Prime Minister Denys Shmyhal has invited the International Finance Corporation to join the reconstruction of Ukrainian cities.
The United States will provide Ukraine with additional direct financial aid in the amount of $500 million.
Physical damage to Ukraine's buildings and infrastructure from Russia's invasion has reached roughly $60 billion and will rise further as the war continues.
As part of his working visit to Washington, Ukrainian Prime Minister Denys Shmyhal met with US Secretary of Commerce Gina Raimondo to discuss the development of bilateral trade, reduction of trade barriers and sanctions against Russia.
As of April 22, 400 enterprise have been relocated from the combat zone under the evacuation program, 190 of them have already started work.
The United Kingdom will provide $500 million in loan guarantees to Ukraine.
In the longer term, Ukraine’s rebuilding and restoration will cost at least $600 billion.
Ukrainian President Volodymyr Zelensky believes the only secure way to stop the development of the food crisis is to put an end to the war and liberate Ukraine’s territory from Russian invaders.
21 April 2022
Prime Minister of Ukraine Denys Shmyhal discussed increasing financial support for Ukraine and stepping up sanctions pressure on Russia with U.S. Treasury Secretary Janet Yellen.
U.S. President Joe Biden has stated that the U.S. government intends to allocate an additional $500 million to support Ukraine's economy during the war, as well as to provide social benefits.
The Government of the United Kingdom has added 26 new designations to its list of sanctions against Russia over its invasion of Ukraine.
Russia has turned the site of Zaporizhzhia Nuclear Power Plant (NPP) into a military base, making the personnel work under the pressure of the Russian military.