Japan contributed $471M to the URTF, created by the World Bank. It noted that the contribution to the Ukraine Relief, Recovery, Reconstruction and Reform Trust Fund (URTF) is part of Japan’s $5.5B commitment in February to help rebuild destroyed infrastructu... #financialaidforUkraine #JapanandUkraine #UkraineRecovery
France, Germany, and the UK will provide Ukraine with more than $5B in additional support. After the meeting in Washington, Prime Minister of Ukraine Denys Shmyhal announced the allocation of additional funds for Ukraine to assist as it continues to struggle during the Russian Federation’s ... #DenysShmyhal #financialaidforUkraine #SupportUkraine
The US Treasury has called on the West to continue providing substantial aid to Ukraine and promises to provide new grants by September. The US Treasury Secretary Janet Yellen voiced the this position during her speech at the beginning of the ministerial meeting regarding Ukraine at the IMF spring meetings. According to Yellen, the Ukr... #financialaidforUkraine #IMFprogramm #JanetYellen
The US is confident that the funds from Ukraine’s allies will be enough until the end of the year. US Treasury Secretary Janet Yellen expressed this opinion in an address to the participants at the IMF and the World Bank spring meetings in Washington. According to IMF representative Gavin Gray, if ... #financialaidforUkraine #GavinGray #JanetYellen #SupportUkraine
Ukraine’s international reserves have reached the highest level since 2011. In March, Ukraine’s reserves increased by 10.4% to $31.9B, reported the National Bank of Ukraine. The central bank explained that reserves increased because of fund allocations from international part... #financialaidforUkraine #nbu #NBUInternationalReserves
The Ukrainian budget deficit in March decreased to UAH 59.2B from UAH 88.8B in February. According to the Ministry of Finance the state budget operated during the first three months of the year with a deficit of UAH 220.3B ($6.1B). At the same time, the actual state borrowing for the budg... #BondsUkraine #financialaidforUkraine #UkraineBudgetDeficit
The IMF Board of Directors has approved a new four-year $15.6B extended financing program for Ukraine. This program is part of the overall $115B package of Ukrainian support from its international partners. The first tranche of $2.7B is expected to arrive in a few weeks. After that, other tranches will... #financialaidforUkraine #IMFprogramm #UkraineBudgetDeficit
The EU will extend Ukraine’s preferential trade status for a year and plans to pay the second tranche of macro-finance at the end of March. The EU plans to extend for another year the trade protection measures on Ukrainian exports to the EU, known as autonomous trade measures, announced the Deputy Chairman of the European Commission, Vald... #financialaidforUkraine #ValdisDombrovskis
Ukraine expects to receive $5B from the IMF to fund a portion of the budget deficit. Ukraine is confident that the International Monetary Fund will help cover part of the state budget deficit this year. Around $5B is expected to be received, said Oleksiy Ustenko, a member of the Parli... #financialaidforUkraine #imf #UkraineBudgetDeficit
The United States will provide Ukraine with $2.5B for state services. On February 24, the World Bank Group announced additional grant funding for Ukraine in the amount of $2.5B. This is direct budgetary support for the Ukrainian government, which will be provided to ens... #financialaidforUkraine #WorldBankGroup
The G7 countries have committed to increasing financial aid to Ukraine to $39B in 2023. In December, the G7 nations pledged $32B in financial support for Ukraine, and now it’s $39B, the G7 finance ministers said in a statement. This commitment gives Ukraine confidence and allows au... #financialaidforUkraine #G7supportUkraine #SanctionsAgainstRussia
The G7 countries will assist Ukraine in securing a $15B loan from the IMF. According to Bloomberg, the IMF has been actively discussing the program with the US Treasury Department in recent days. US Treasury Secretary Janet Yellen said at the G20 summit that the US supports ... #financialaidforUkraine #IMFprogramforUkraine #JanetYellen
The IMF is ready to provide significant economic support to Ukraine. The aid will be delivered within the framework of a new full-fledged loan, IMF managing director Kristalina Georgieva said after a visit to Kyiv. She praised Ukraine’s efforts to transform the e... #financialaidforUkraine #IMFcreditProgram #KristalinaGeorgieva
Ukraine will receive two grants worth $8.6B from the US and other donors. The Cabinet of Ministers approved the involvement of a budget support grant from the Multi-Donor Trust Fund for $2.665B. The US provided part of the grant funds, $2.5B, and another $165M came from Ger... #DenysShmyhal #financialaidforUkraine #GrantsforUkraine
Moody’s assesses Ukraine’s need for external financial assistance. The international rating agency Moody’s predicts substantial Ukrainian financing needs amounting to about 20% of GDP in 2023. It is expected that these needs will be covered primarily through support ... #financialaidforUkraine #Moodys #UkraineStateBudget
Norway has developed a five-year aid package for Ukraine worth $7.2B. Norwegian Prime Minister Jonas Gahr Støre said that his government has agreed to provide Ukraine with a $7.2B aid package over the next five years. According to the prime minister, this year, it is pr... #financialaidforUkraine #JonasGahrStore #NorwaySupportUkraine
Allies pressure the IMF to provide Ukraine with a new $14-16B program. According to the FT, IMF representatives plan to meet Ukrainian officials in Warsaw in mid-February to discuss the loan terms. The fund is considering the possibility of launching a program for $14-16... #financialaidforUkraine #IMFprogramforUkraine #ValdisDombrovskis
Ukraine will negotiate a full-fledged program with the IMF. Ukraine expects to complete its monitoring program with the involvement of the IMF’s Board of Directors and to start negotiations on a full-fledged program in the second quarter. This is necessary to ... #financialaidforUkraine #IMFprogramforUkraine #SerhiyMarchenko #UkraineBudgetDeficit
Norway will approve a five-year plan to support Ukraine. The government of Norway, which previously allocated about $100M for Ukraine’s reconstruction, plans to approve a five-year, long-term support plan. It is assumed that billions of Norwegian kroner wil... #financialaidforUkraine #NorwaySupportUkraine #ReconstructionofUkraine
The IMF is considering options to provide Ukraine with a $16B aid package. According to people familiar with the matter, as reported by Bloomberg, the International Monetary Fund is exploring a loan for Ukraine worth as much as $16B to help cover the country’s needs and pro... #financialaidforUkraine #imf
The last month of the year brought record revenues to the state budget of Ukraine. December 2022 brought two records in Ukraine’s history at once, foreign aid to Ukraine and the state budget’s total monthly funding amount for a month, the parliamentary finance committee reported. In... #financialaidforUkraine #StateBUdgetRevenue #UkraineBudget
The US has finally approved the budget for 2023 and the allocation of $44.9B for Ukraine. The approved draft budget for $1.7T is financed by the federal government and includes financing of military and economic aid to Ukraine totaling $44.9B. In particular, $19.8B is for armaments and equ... #financialaidforUkraine #USaidforUkraine #USbudget
Since the war began, Ukraine has managed to collect about $32B in macro-financial aid. According to Prime Minister Denys Shmyhal, Ukraine needs $38B next year to cover the budget deficit and another $17B to implement rapid reconstruction projects. He added that the EU promised €18B in m... #DenysShmyhal #financialaidforUkraine #UkraineBudgetDeficit
In 2023, Ukraine may receive $55-$60B in aid from international partners. This includes macro-financial support, support for the rapid restoration of the energy and transport infrastructure, support for the private sector (for the purchase of fuel for sowing), and humanitar... #financialaidforUkraine #InvestmentsinUkraine #RomanKachur #UkraineRecovery
Next month, Ukraine will receive the first tranche of the new EU microfinance aid package. According to the Ukrainian Ministry of Finance, Ukraine will receive the first tranche of €18B in EU macro-financial assistance in January 2023. On December 10, the Council of the European Union suppo... #EUfinancialAid #financialaidforUkraine #SerhiyMarchenko
Despite Hungary blocking the aid package, the EU has agreed to allocate €18B to Ukraine. The proposal was approved on December 10 and will be presented to the European Parliament for possible approval next week. The package provides for a structural decision on financial support for Ukrai... #EUaidforUkraine #financialaidforUkraine #HungaryVeto
The EBRD has already provided Ukraine with €1B and mobilized more than €1.4B in donor aid. As the President of the EBRD, Odile Renaud-Basso said, the US contributed $500M to the Fund for Crisis Response to the War in Ukraine, adding to the €1.4B in donor support. Norway, which provided €200... #EBRDaidforUkraine #financialaidforUkraine #OdileRenaudBasso
The EU and the US will cover the 2023 budget deficit of $38B. Ukraine expects the budget deficit next year will be covered by support from its international partners, said Prime Minister of Ukraine Denys Shmyhal. Shmyhal added that today, Ukraine has political p... #DenysShmyhal #financialaidforUkraine #UkraineBudgetDeficit #UkraineStateBudget
Ukraine has received $60M from the World Bank. Ukraine received $60M from the World Bank, which will be directed to state budget expenditures, and will ensure the remuneration of state employees and budget-funded educational institutions, both at... #financialaidforUkraine #worldbank #WorldBankAid
The EU aims for the next aid payment in early January. The European Union should be able to provide Ukraine the first portion of a new €18B aid package starting in January if the approval process goes smoothly, the bloc’s vice president, Valdis Dombrovski... #EUaidforUkraine #financialaidforUkraine #ValdisDombrovskis
Germany will provide €1B in aid to Ukraine. The German government has allocated an additional €1B from their 2023 federal budget to support Ukraine. The funds will be spent to ensure cyberspace security. Part of this amount will be directed to ... #financialaidforUkraine #GermanyAidforUkraine
Ukraine has been left without €3B worth of macro-financial aid this year but will receive €2.5B by the end of the month. According to European Commission, the EU will not be able to allocate €3B to Ukraine, the last third of the funds provided by the €9B macro-financial assistance program. According to the Deputy Chairm... #EUfinancialAid #financialaidforUkraine #ValdisDombrovskis
Ukraine will receive more EU Funds in January. According to a senior EU official, Ukraine could receive the first installment of a new European Union financial package in January. There is broad support among member states to move quickly and acc... #EUfinancialSupport #financialaidforUkraine
The European Commission has prepared three financial support mechanisms for Ukraine, writes Politico. The European Commission wants to attract up to €18B in loans and grants to cover half of Ukraine’s expected budget deficit of $38-40B in 2023. The first option, which the Commi... #EUfinancialAid #financialaidforUkraine #UkraineBudgetDeficit
The WB grants Ukraine $500M under British guarantees. The World Bank has allocated an additional $500M to Ukraine through the International Bank for Reconstruction and Development (IBRD) under guarantees from Great Britain announced in September, the WB ... #financialaidforUkraine #IBRDcredit #WorldBankAidforUkraine
IMF chief says Ukraine manages its finances well but needs more money. International Monetary Fund Managing Director Kristalina Georgieva said that while Ukraine has managed its economy responsibly, huge sums will be needed to support the country. Ukraine will require $... #financialaidforUkraine #IMFaidforUkraine #KristalinaGeorgieva #Zelenskyy
The IMF has approved $1.3B in additional assistance for Ukraine. The Board of Executive Directors of the IMF approved an additional $1.3B tranche to Ukraine on October 7, the NBU reported. These funds will come within the extended Rapid Financing Instrument (RFI), ... #financialaidforUkraine #imf #IMFaid #nbu
United24 collected $200M to support Ukraine. During the five months of the UNITED24 platform’s operation, the total amount of charitable contributions has approached the $200M mark. According to the platform’s report, they purchased 10 set... #financialaidforUkraine #United24
The US plans to provide $1.5B monthly to Ukraine and has asked allies to do the same. The United States is willing to support Ukraine’s finances with $1.5B a month in aid throughout the war against Russia and is pushing its EU allies to commit to similar amounts, reported Bloomberg. T... #financialaidforUkraine #SerhiyMarchenko #USaidforUkraine
Ukraine will receive $530M from the World Bank. The World Bank has announced an additional $530M in support for Ukraine. Of this money, $500M was provided by Great Britain and $30M by Denmark. As of September, the World Bank has mobilized almost $1... #ArupBanerjee #financialaidforUkraine #worldbank
Joe Biden approves $12.3B in aid to Ukraine. US President Joe Biden signed a temporary governmental funding law, which avoids the suspension of federal operations and provides for the allocation of $12.3B in aid to Ukraine, the White House pres... #financialaidforUkraine #JoeBiden
Ukraine plans to attract $51.5B in 2023. In 2023, the government of Ukraine plans to attract $37.9B to finance the state budget deficit and $13.6B to restore the country. In the presentation of the draft state budget for 2023, it is noted th... #financialaidforUkraine #SerhiyMarchenko #UkraineStateBudget
The EU Council has approved €5B in macro-finance aid for Ukraine. On September 20, the EU Council officially adopted a decision on the urgent provision of additional macro-financial assistance to Ukraine in the amount of €5B, according to an announcement. This assis... #EUCouncil #financialaidforUkraine #macrofinanceprogram
The Ministry of Economy revealed the expected assistance from the World Bank. In November, the World Bank should approve a package of additional financial aid for Ukraine worth $1B, Deputy Minister of Economy Oleksandr Hryban said. Together with related financing, this amount c... #financialaidforUkraine #worldbank #WorldBankAidforUkraine
The Government explained how they will cover the $38B 2023 budget deficit. The Cabinet of Ministers plans to cover Ukraine’s state budget deficit in 2023 with support from the International Monetary Fund, the EU, and the US. According to Prime Minister Denys Shmyhal, n... #DenysShmyhal #financialaidforUkraine #UkraineBudgetDeficit
By the end of the year, Ukraine expects to receive another $12 to 16B from the West. Since the beginning of the war, foreign partners have already provided Ukraine with $14B. The Finance Ministry expects to receive another $12 to 16B by the end of the year, said Finance Minister Serhi... #EUaidforUkraine #financialaidforUkraine #SerhiyMarchenko
A $5B IMF loan will help Ukraine to attract new financial aid. A $5B loan from the International Monetary Fund will help convince foreign creditors that Ukraine’s macroeconomic situation is under control, said the adviser to the President of Ukraine, Oleg U... #financialaidforUkraine #IMFaid #IMFloanforUkraine
Ukraine will receive more than $1.55B in aid from allied countries. A group of 26 nations have pledged more than $1.55B (€1.5B) in assistance to Ukraine, Danish Defense Minister Morten Bødskov said after hosting ministers from allied countries in Copenhagen for a conf... #financialaidforUkraine #long_termsupportforUkraine
The EU will allocate €8B to Ukraine by September. The European Union will agree on a new financial assistance package for Ukraine by September. It will amount to about €8B, writes Daily Maverick. Sources in the German government note that part of the... #EUaidforUkraine #financialaidforUkraine
Ukraine needs immediate funding of up to $65B. Ukraine has indicated it needs up to $65B this year to meet its funding requirements, billions more than its allies have so far been able to pledge, reported Bloomberg. This amount includes macro-fina... #financialaidforUkraine #FundingUkraine #Ukrainewar
