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Ukraine risks delay in receiving $4.3 billion instalment from EU's Ukraine Facility due to reform shortcomings, Foreign Ministry says

Ukraine risks delay in receiving $4.3 billion instalment from EU's Ukraine Facility due to reform shortcomings, Foreign Ministry says

by Alan Lipp

Deputy Foreign Minister Yevhen Perebyinis issued a letter to cabinet ministers on Oct. 23 warning that the European Union has notified Ukraine that the next tranche of 4 billion euros ($4.3 billion) from the EU's Ukraine Facility may be delayed until next year unless expected aspects of corruption reforms are completed by the end of this month.

MP Yaroslav Zhelezniak: Developments in Ukraine’s parliament on economic reforms, international obligations — Issue 77

MP Yaroslav Zhelezniak: Developments in Ukraine’s parliament on economic reforms, international obligations — Issue 77

by Yaroslav Zhelezniak

Editor’s note: This is issue 77 of Ukrainian lawmaker Yaroslav Zhelezniak’s weekly “Ukrainian Economy in Brief” newsletter, covering events from Oct. 7- Oct. 13, 2024. The digest highlights steps taken in the Ukrainian parliament related to business, economics, and international financial programs. The Kyiv Independent is republishing with

Ukraine launches program allowing foreigners to remotely start businesses in Ukraine

Ukraine launches program allowing foreigners to remotely start businesses in Ukraine

by Kateryna Hodunova, Dominic Culverwell

Ukraine has launched uResidency, a program enabling foreigners to start a business in the country remotely, Digital Transformation Minister Mykhailo Fedorov announced on Sept. 27 at the Lviv IT Arena, according to a Kyiv Independent journalist reporting from the event. The program offers foreign entrepreneurs favorable conditions for conducting business,

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12:08 PM

Ukraine's NATO prospects depend on Trump, Zelensky says.

"Everything depends on the United States. If Trump is ready to see Ukraine in NATO, we will be in NATO, everyone will be in favor. If President Trump is not ready to see us in NATO, we will not be in NATO," President Volodymyr Zelensky told journalists in Davos.
12:59 AM

Supervisory board extends arms procurement head's contract, initiates audit following proposed merger.

The contract extensions comes after Defense Minister Rustem Umerov walked back on plans to merge the Defense Procurement Agency and the State Logistics Operator into one agency, following a NATO statement said that the two agencies should be kept separate and two separate supervisory boards established "to perform their tasks and supporting their independence and anti-corruption policies."
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