Ukraine to receive $4.8 billion from World Bank
Ukraine and the World Bank signed a loan agreement worth $4.8 billion, which Kyiv will use for priority budget expenditures, the Finance Ministry said in a statement.
Financial aid
World Bank announces $750 million support package for Ukraine
Since February 2022, Ukraine has received over $37 billion in budget support through World Bank partnerships.
Ukraine to receive $600 million from World Bank under RISE Initiative
Ukraine has signed agreements with the World Bank totaling nearly $600 million under the "Resilient, Inclusive and Sustainable Enterprise" (RISE) project, Prime Minister Denys Shmyhal announced on Nov. 4.
EU's von der Leyen unveils up to 35 billion euro loan to Ukraine as part of G7 pledge
"Relentless Russian attacks means Ukraine needs continued EU support," the chief of the EU's executive arm said during her visit to Kyiv.
Kyiv receives $4.6 billion from EU under Ukraine Facility program
Ukraine has received 4.2 billion euros ($4.6 billion) as part of the EU's four-year financial support program, Prime Minister Denys Shmyhal said on Aug. 13.
Ukraine receives $3.9 billion grant from US
This is the first tranche in 2024 under a new financial agreement between Ukraine and the World Bank.
Ukraine, World Bank sign agreement for US grant of $3.9 billion
"This is the first tranche of direct budget support from the United States in 2024. The planned amount of financial assistance from the United States for the current year is $7.8 billion," the statement read.
Ukraine to receive nearly $8 billion in direct budget support from US by November, ambassador says
By November, Ukraine will receive $7.9 billion in direct support to the state budget, part of the $61 billion aid package passed by the U.S. Congress in April, Ukraine's ambassador to the U.S., Oksana Markarova, said on air on July 26.
G7 to finalize plan by October on $50 billion loan for Ukraine backed by Russian assets revenue
The Group of Seven (G7) will likely finalize a framework agreement for a $50 billion loan for Ukraine backed by frozen Russian assets revenue by October, EU Economic Commissioner Paolo Gentiloni said on July 25.
Ukraine to attract almost $4 billion US grant via World Bank
"The government will use this money to pay salaries to rescuers, teachers, doctors, and social support programs," Prime Minister Denys Shmyhal said.
EU approves its first-ever military support for Armenia
The Council of the European Union for the first time approved assistance under the European Peace Facility (EPF) to support the Armenian Armed Forces with 10 million euros ($10.8 million), according to the council's July 22 statement.
Opinion: Restructuring Ukrainian debt is a step toward democratic victory
Ukraine's victory is the victory of the entire free world over dictators and tyrants. The formula for victory is well known: the strength of the Ukrainian army, the unity of the free world, unwavering long-term military and financial support for Ukraine, and, first and foremost, Ukraine's membership in NATO. One
IMF approves $2.2 billion in funding for Ukraine through Extended Fund Facility
"Ukraine’s performance remains strong under the EFF despite challenging conditions," a news release from the IMF read. "All quantitative performance criteria for end-March were met, and all structural benchmarks through end-June were implemented on time or with a short delay."
Opinion: Tracking Ukraine’s reconstruction funds
It is safe to say that Ukraine’s reconstruction will be the most significant and expensive undertaking in Europe since the post-World War II Marshall Plan. The World Bank estimates that rebuilding the country will require nearly $500 billion over the next decade, dwarfing the costs of the most destructive
EU states won't be directly involved in $50 billion loan for Ukraine, Italian PM says
EU members will not be for now directly involved in the $50 billion loan for Ukraine, as they will instead focus on developing the guarantee mechanism, Italian Prime Minister Giorgia Meloni said on June 15.
G7 agrees on transfer of $50 billion in profits from frozen Russian assets to Ukraine
"We have an agreement," a French presidency official said, ahead of a summit in Italy, which starts on June 13.
EIB to give Ukraine 100 million euros for social infrastructure restoration
Kyiv signed a financing agreement with the European Investment Bank under the Recovery III project at the Ukraine Recovery Conference in Berlin.
EBRD to provide nearly 25 million euros to restore Mykolaiv water supply, mayor says
The European Bank for Reconstruction and Development (EBRD) will give Ukraine nearly 25 million euros ($26.8 million) to restore the water supply in Mykolaiv, Mykolaiv Mayor Oleksandr Sienkevych announced on June 11.
Media: G7 to create Ukraine aid fund using income from frozen Russian assets
A final agreement on the issue is expected at a G7 summit in Apulia, Italy, on June 13-15, which President Volodymyr Zelensky will attend.
France to provide Ukraine over $700 million in critical infrastructure support
The funds will primarily focus on projects related to Ukraine's transportation and energy infrastructure, hit hard by heavy Russian assaults in 2024.
Swiss upper house rejects $5.58bn aid plan for Ukraine
While refusing to supply Kyiv with military aid on account of its long-term neutrality policy, Switzerland has provided economic and humanitarian support worth over $3 billion.
Ukraine, IMF begin talks on new financial tranche within Extended Fund Facility
After the review, nearly $2.2 billion in funds may be allocated in June under the EFF.
Ukraine expects $38 billion in external financing after fulfilling IMF requirements
Foreign aid is crucial for Ukraine as the economic pressure caused by the full-scale Russian invasion mounts. The besieged country received $42.5 billion in external financing last year, allowing it to function amid the ongoing war.
European Commission approves $53 billion reform plan for Ukraine
The EU approved the financial aid package for Ukraine in February, allocating two-thirds of the amount in loans and one-third in grants. Ukraine has agreed to implement various reforms as part of the conditions for receiving the funds.
Bloomberg: EU set to approve Ukrainian reform plan in May, unlocking billions in aid
The EU is set to approve Ukraine's reform plan in May, unlocking an additional 1.9 billion euros ($2.04 billion) in financial aid during late spring.
Reuters: EU finance ministers to discuss Ukraine reform plans this week
EU finance ministers will discuss this week a plan and an investment agenda submitted by Kyiv as it seeks to secure 50 billion euros (around $53.7 billion) from the European Union's four-year Ukraine Facility, Reuters reported on April 10, citing sources in the German Finance Ministry.
Opinion: Answering your burning questions on Russia's frozen assets
There’s so much news and noise on the issue of using frozen Russian assets for Ukraine, so I thought it useful to put out a quick Q&A on the issue. How much money are we talking about? There are around $320 billion in Russian central bank assets currently
Belgium pledges $107 million to Ukraine for F-16 aircraft maintenance
Belgian Ministers Council approved the 25th assistance package for Ukraine, including 100 million euros ($107 million) for F-16 service through the international "fighter jet coalition," Belgian Defense Minister Ludivine Dedonder announced on March 29.
Shmyhal: Ukraine to receive record budget financing from partners in March
Ukraine will receive more than $9 billion in financial aid in March, Prime Minister Denys Shmyhal said.
Canada allocates $1.5 billion to Ukraine to finance budget deficit
Canada provided Ukraine with 2 billion Canadian dollars ($1.5 billion), which will be used to finance the budget deficit, including social assistance, Prime Minister Denys Shmyhal wrote on March 21 on X.
Von der Leyen urges Europe to use windfall profits of frozen Russian assets to buy weapons for Ukraine
European Commission President Ursula von der Leyen urged members of the European Parliament "to start a conversation about using the windfall profits of frozen Russian assets to jointly purchase military equipment for Ukraine."
Biden meets with Congress leaders to discuss government funding, Ukraine aid package
"I think the consequence of inaction every day in Ukraine is dire. I’ve been speaking to some of our G7 partners, and they’re very concerned," U.S. President Joe Biden said.
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