External aid to Ukraine in August exceeded the monthly state budget expenditure by 100% but only partially covered for previous financing shortfalls. According to the Center for Economic Strategy, aid from international partners amounted to $8.5B in August. In particular, $4.5B was provided by the European Union ($1.6B in grants, the rest soft loan... #BudgetDeficit #financialaidforUkraine #GrantsforUkraine #SupportUkraine #UkraineBudget2024
Economic recovery: Ukraine will receive a €200M grant from France and €50M from the EU to develop port infrastructure. The Cabinet of Ministers has submitted to the Ukrainian Parliament an agreement between Ukraine and France that will provide €200M in grant funds for the restoration of Ukraine’s infrastructure ... #blacksea #DenysShmyhal #France #GrantsforUkraine #OdesaSeaport #PortInfrastructureUkraine
The World Bank will finance Ukraine’s private sector with $1B through 2027. Deputy Minister of Economy Oleksiy Sobolev noted that over the past 1.5 years, the scope of joint work between the Ministry and the World Bank has grown significantly in many areas. Among other things... #AffordableLoans #eRobota #GrantsforUkraine #OleksiySobolev #RISE #VolodymyrKuzyo #worldbank
The EU is investing a record €7B in transport infrastructure, including four Ukrainian projects. The European Commission selected 134 transport projects that will receive more than €7B in grants from the Connecting Europe Facility (CEF) instrument for strategic infrastructure investment. Among th... #CEF #EuroTrack #GrantsforUkraine #investments #TransportInfrastructure #UkraineDevelopment #UkrainianRailways
The World Bank maintains Ukraine’s economic growth forecast for the current year and provides $109M in grant funding. The World Bank predicts the growth of the Ukrainian economy to be 3.2% in 2024, according to the bank’s June report, Global Economic Prospects 2024. In January, the forecast was identical. The b... #GrantsforUkraine #HOPEproject #REPowerEU #UkraineEconomicForecast #UkraineEconomy #worldbank
The EU will provide Ukraine with €517M in reconstruction funding through EBRD programs. The EU will guarantee €140M for the EBRD Financial Inclusion Recovery Program. At the same time, the bloc will offer €30M in blended grants and €7M in technical assistance under the wartime SME financ... #ebrd #financialaidforUkraine #GrantsforUkraine #UkraineReconstruction #UkraineRecovery
Ukraine receives $760M in grant funds from Japan and Norway, and the EU and Germany offer €1M in business grants. Ukraine has received $760M in grants from Japan and Norway to pay pensions and salaries to rescue workers and teachers. The money comes as part of the World Bank’s PEACE project. The government of Jap... #EU4Business #financialaidforUkraine #GrantsforUkraine #SupportUkraine #worldbank
What kind of aid did Ukraine’s allies allocate last week? USAID is increasing the total funding of a grant program to support the innovative transformation and development of Ukrainian enterprises to $11M. About 75 grants will now be provided within the prog... #ebrd #financialaidforUkraine #GrantsforUkraine #KfW #UrsulavonderLeyen #USAID #worldbank
Ukraine will receive almost ₴10B in additional aid from partners. According to Prime Minister Denys Shmyhal, Norway will provide $190M, and $70M will be allocated by Switzerland for aid to Ukraine. These grants will be provided through funds administered by the Worl... #DenysShmyhal #financialaidforUkraine #GrantsforUkraine #SupportUkraine #worldbank
In September, Ukraine attracted $2.8B in grants and preferential financing from its international partners. Grant funds comprised more than 40% of the total volume of financial assistance. Among the donors in October 2023 were the EU with $1.6B (concessional financing) and the US with $1.15B (grant). Funds ... #financialaidforUkraine #GrantsforUkraine #PeaceInUkraine #SupportUkraine #UkraineBudget
Ukraine is preparing to attract a $1.25B grant from the United States. As part of the World Bank’s PEACE in Ukraine public expenditure support project, the state’s budget will receive a $1.25B grant from the US. As noted by the Ministry of Finance, the funds ... #GrantsforUkraine #PeaceInUkraine #UkraineBudget #USsupportsUkraine #worldbank
Ukraine and the WB reviewed the project portfolio for the first time since 2021. The volume of the joint project portfolio with the World Bank is currently the largest it has been over all the years of cooperation. As the Ministry of Finance specified, it consists of 20 existing p... #financialaidforUkraine #GrantsforUkraine #LoansForUkraine #worldbank
Norway and the Netherlands provided the EBRD with €170M to help Ukraine, but the bank has asked for more money. The bank reported that Norway had allocated NOK 1.5B to support the activities of the EBRD to strengthen energy security in Ukraine, the bank said. This grant continued Norway’s NOK 2B (€195M) g... #ebrd #financialaidforUkraine #GrantsforUkraine #SupportUkraine
The US supports the Ukrainian economy with grants, while the EU mainly provides loans. According to the Growford Institute, from the beginning of 2023, the leaders in providing Ukraine with financial, humanitarian, and military aid are the US (€71.3B), Great Britain (€9.8B), Germany (€7... #financialaidforUkraine #GrantsforUkraine #LoansForUkraine #SupportUkraine #UkraineEconomy
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
Ukraine has received an €88.5M grant from the World Bank fund and expects €495M more. Ukraine received grant funding of €88.5M from the World Bank’s Donor Trust Fund under Ukraine’s Second Development Policy Recovery Loan, as reported by the Ukraine Ministry of Finance. &#... #AidforUkraine #GrantsforUkraine #worldbank #WorldBankGroup
