UkraineFacility

Friday, April 11

This year, Ukraine anticipates receiving €18B from Russia’s frozen assets.

This year, Ukraine anticipates receiving €18B from Russia’s frozen assets. Since the start of the year, Ukraine has already received €5B from the EU that was sourced from these assets’ proceeds, and expects to collect another €13B from these profits by the year’s...

Wednesday, April 2

Ukraine will receive funding from the CEB and the EIB to provide housing for Ukrainians and restore infrastructure.

Ukraine will receive funding from the CEB and the EIB to provide housing for Ukrainians and restore infrastructure. The government has approved a loan from the Council of Europe Development Bank under the HOME project for a total of €100M (₴4.8B), Prime Minister Denys Shmyhal announced. “We will utilize these...

Friday, March 7

The EC and EIB sign a €2B guarantee to support recovery projects in Ukraine.

The EC and EIB sign a €2B guarantee to support recovery projects in Ukraine. The European Commission and the European Investment Bank (EIB) have signed a guarantee agreement that will allow the EIB to invest at least €2B in urgent recovery and reconstruction projects in Ukrain...

Wednesday, February 26

Ukraine, under certain conditions, will be able to become a member of the EU before 2030.

Ukraine, under certain conditions, will be able to become a member of the EU before 2030. European Commission President Ursula von der Leyen stated: “If Ukraine maintains the current pace of reforms, it will join the EU even before 2030. So let’s work and keep up the pace.̶...

Friday, February 14

The EIB invests €2B in Ukraine’s recovery through the Ukraine Facility program.

The EIB invests €2B in Ukraine’s recovery through the Ukraine Facility program. The European Investment Bank (EIB) will allocate €2B to finance recovery projects in Ukraine using the EU’s financial instrument, the Ukraine Facility. This was discussed during a meeting among repres...

Wednesday, January 22

How much financial support from the EU will Ukraine receive this year and will aid from the US be suspended after Trump’s decree?

How much financial support from the EU will Ukraine receive this year and will aid from the US be suspended after Trump’s decree? In 2025, Ukraine expects to receive more than €30B in budget support from the EU, said Finance Minister Serhiy Marchenko. The amount consists of two parts: €18.1B from the framework of using income fr...

Monday, January 13

Ukraine received $41.7B in external financing last year; the government has voiced its expectations for 2025.

Ukraine received $41.7B in external financing last year; the government has voiced its expectations for 2025. “In total, $115B has been attracted from partners since the beginning of the war,” said Prime Minister Denys Shmyhal. The EU, the US, Japan, the IMF, Canada, and the World Bank provided th...

Monday, January 6

The Ukraine Facility provided 40% of Ukraine’s external financing for 2024’s state budget.

The Ukraine Facility provided 40% of Ukraine’s external financing for 2024’s state budget. The Ukraine Facility program provided the largest amount of external financing for the state budget in 2024 (over 40%). The total amount of funds provided by the EU amounted to €16.2B. This was made p...

Analysts predict Ukraine’s real GDP growth will be about 3% in 2025.

Analysts predict Ukraine’s real GDP growth will be about 3% in 2025. Ukraine demonstrated moderate economic growth in 2024 at 3.8%, and real GDP growth in 2025 will be approximately 3%, according to the Institute for Economic Research (IER). Access to the Ukrainian Sea...

Monday, December 23

The EU and the US are channeling billions from Russian asset proceeds to help Ukraine.

The EU and the US are channeling billions from Russian asset proceeds to help Ukraine. The European Commission has announced macro-financial assistance to Ukraine through a loan of €18.1B, which will be paid in equal installments throughout 2025 with the first tranche expected in Januar...

Thursday, December 19

Within the framework of European integration, Ukraine is changing its approach to the search for minerals.

Within the framework of European integration, Ukraine is changing its approach to the search for minerals. The Verkhovna Rada has made amendments to the national program for the development of Ukraine’s mineral and raw material base until 2030, which takes into account the low funding level and Ukrai...

Monday, December 2

Ukraine has approved a state property policy to improve state asset management and attract investment.

Ukraine has approved a state property policy to improve state asset management and attract investment. According to Minister of Economy Yulia Svyrydenko, the new property policy defines the state’s role in managing state-owned companies, outlining which are strategically crucial for the country a...

Thursday, November 28

What financial support have international partners promised Ukraine in the coming years, and will this be enough to repel Russian aggression?

What financial support have international partners promised Ukraine in the coming years, and will this be enough to repel Russian aggression? The agreements already concluded by Ukraine with its allies give grounds for optimistic expectations regarding the external financing deficit in 2025 being covered, analysts noted. In 2025, the Ukrain...

Friday, November 8

Ukraine plans to reserve part of the $50B G7 loan for its financial needs after 2025.

Ukraine plans to reserve part of the $50B G7 loan for its financial needs after 2025. The G7 initiative for Ukraine that will provide $50B secured by revenues from frozen Russian assets eliminates the state budget deficit for 2025. However, the government plans to keep part of these fu...

Friday, October 11

Polish businesses sign agreements to rebuild Ukraine at the Common Future Congress on the Reconstruction of Ukraine in Poland.

Polish businesses sign agreements to rebuild Ukraine at the Common Future Congress on the Reconstruction of Ukraine in Poland. Several agreements were signed by the Ministry of Funds and Regional Policy of Poland and BGK, a Polish state development bank, which provide for the establishment of a PLN 250M ($65M) special fund to...

Tuesday, September 24

Ukrainian authorities call on the EU to increase aid to Ukraine in the new 2028-2034 EU budget to €400B.

Ukrainian authorities call on the EU to increase aid to Ukraine in the new 2028-2034 EU budget to €400B. The Prime Minister of Ukraine, Denys Shmyhal, made this proposal at a meeting with the President of the European Commission, Ursula von der Leyen. “We expect to launch a financial instrument for...

Monday, September 23

Ukraine fulfilled three more indicators within the framework of the EU Ukraine Facility program:

Ukraine fulfilled three more indicators within the framework of the EU Ukraine Facility program: State Agrarian Register legislation. Its key goal is the agricultural sector’s digitalization and transparency. Adoption of the law will expand state support for entrepreneurs in the industry. L...

Wednesday, August 14

The EU grants Ukraine €4.2B under the Ukraine Facility, and the budget will receive almost the same amount by the end of the year.

The EU grants Ukraine €4.2B under the Ukraine Facility, and the budget will receive almost the same amount by the end of the year. Ukraine received €4.2B for implementing nine indicators in the second quarter of 2024, which were provided by the Plan of Ukraine within the framework of the Ukraine Facility. The tranche consists of ...

Wednesday, August 7

The Council of the EU approved almost €4.2B through the Ukraine Facility for Ukraine.

The Council of the EU approved almost €4.2B through the Ukraine Facility for Ukraine. The EU Council concluded that Ukraine had fulfilled the necessary conditions and implemented the required reforms that were established in the plan as prerequisites in order to receive the first regul...

Wednesday, July 24

Ukraine will present a list of investment projects for 2025 and expects to receive €4.1B from the EU.

Ukraine will present a list of investment projects for 2025 and expects to receive €4.1B from the EU. Prime Minister Denys Shmyhal announced that the Cabinet of Ministers plans to present a prepared list of public investment projects for 2025 to its partners in September. “Thus, in conditions of...

Tuesday, July 23

The Ministry of Finance has updated the Reform Matrix; Ukraine has already fulfilled 108 indicators in the year’s first half.

The Ministry of Finance has updated the Reform Matrix; Ukraine has already fulfilled 108 indicators in the year’s first half. The Ministry of Finance has updated the Reform Matrix, an analytical tool used to monitor the fulfillment of the requirements of international partners in real-time. In the updated Reform Matrix, ther...

Friday, July 19

Ursula von der Leyen has retained her position as head of the EC, and she promises to create a European Defense Union and support Ukraine on its way to joining the EU.

Ursula von der Leyen has retained her position as head of the EC, and she promises to create a European Defense Union and support Ukraine on its way to joining the EU. The European Parliament re-elected Ursula von der Leyen as the head of the European Commission for another five years. While campaigning, she promised to do much more in the field of defense if she re...

Thursday, July 18

The EBRD provides €200M to strengthen Ukraine’s energy security and will help increase the number of Ukrainian projects that are ready to attract foreign investment.

The EBRD provides €200M to strengthen Ukraine’s energy security and will help increase the number of Ukrainian projects that are ready to attract foreign investment. €200M from EBRD will support Naftogaz of Ukraine in creating strategic reserves of natural gas and supporting energy security. The corresponding guarantee agreement was signed by the Minister of Finan...

Wednesday, July 10

The Ukraine Facility has been fully launched: Ukraine will receive €5.3B in grants.

The Ukraine Facility has been fully launched: Ukraine will receive €5.3B in grants. The Minister of Economy of Ukraine, Yulia Svyrydenko, signed the Financial Agreement between Ukraine and the EU that regulates the receipt of €5.27B in grant aid under the Ukraine Facility over the ne...

Monday, July 8

Due to debt repayment, Ukraine’s international reserves decreased by 2.9% to $37.9B.

Due to debt repayment, Ukraine’s international reserves decreased by 2.9% to $37.9B. As noted by the National Bank, June’s dynamics were caused by the NBU’s currency interventions to cover the market’s currency deficit and smooth out exchange rate fluctuations and th...

Thursday, July 4

€8B has been allocated to develop local businesses.

€8B has been allocated to develop local businesses. The head of the parliamentary committee on regional development, Olena Shulyak, said that every community will find advantages for itself in each component of the Ukraine Facility program, under which...

Tuesday, July 2

The state budget has received $20.2B in revenue so far this year: Where did most of these funds come from?

The state budget has received $20.2B in revenue so far this year: Where did most of these funds come from? The Ministry of Finance reported that the largest revenues were from international partners and domestic state loan bond (OVDP) issuance. External financing amounted to $13.8B, and the largest donors ...

Wednesday, June 26

Ukraine signed a €27B loan agreement with the EU under the Ukraine Facility program.

Ukraine signed a €27B loan agreement with the EU under the Ukraine Facility program. Ukraine and the European Commission have signed a credit agreement within the Ukraine Facility program, which will provide €27B in loans from 2024-2027 to finance the state budget deficit. The Nationa...

Monday, June 24

By the end of the year, Ukraine will receive at least $65B from the US, the G7, the EU, and the IMF.

By the end of the year, Ukraine will receive at least $65B from the US, the G7, the EU, and the IMF. The Ukrainian government expects to receive $7.9B in credit support from the US, Minister of Economy Yuliya Svyrydenko said. At a meeting of the Economic and Financial Affairs Council, the EU finance ...

By the end of the year, Ukraine needs another $9.5B for urgent recovery.

By the end of the year, Ukraine needs another $9.5B for urgent recovery. According to the Ministry of Finance, Ukraine needs another $9.5B this year to finance its priority recovery needs. In particular, the money is needed for the defense industry, the energy system, rest...

Thursday, June 13

The EC forecasts Ukraine’s GDP growth to be 6.2%, subject to the implementation of the Ukraine Plan for the Ukraine Facility program.

The EC forecasts Ukraine’s GDP growth to be 6.2%, subject to the implementation of the Ukraine Plan for the Ukraine Facility program. This forecast was shared by Marlene Madsen, a top European Commission official, during URC2024 in Berlin. According to her, the selection and schedule of crucial reforms are very important. Emphasis s...

Ukraine and more than 30 international partners have created the Small and Medium Business Sustainability Alliance and will contribute more than €7B.

Ukraine and more than 30 international partners have created the Small and Medium Business Sustainability Alliance and will contribute more than €7B. In particular, Austria, Canada, Estonia, Germany, Japan, Luxembourg, the Netherlands, Norway, Spain, Switzerland, Britain, the EU, the World Bank, USAID, The Council of Europe Development Bank, the EB...

Wednesday, June 12

URC2024: The preliminary results from the Ukraine Recovery Conference in Berlin.

URC2024: The preliminary results from the Ukraine Recovery Conference in Berlin. President Zelenskyy stated that, with the help of its partners, Ukraine will build up to one GW of gas-fired generator shunting capacity this year and another four GW in the coming years. The Chancell...

In Berlin, Ukraine presented a $27B investment guide, and the EU launched the Ukraine Investment Framework.

In Berlin, Ukraine presented a $27B investment guide, and the EU launched the Ukraine Investment Framework. The Ministry of Economy of Ukraine presented its Investment Guide at the URC2024 in Berlin. The guide contains a detailed overview of key sectors – energy, transport and logistics, the agro-indu...

Friday, June 7

Ukraine has finally ratified the agreement with the EU on financing under the Ukraine Facility program: it is expected to attract €1.89B in June.

Ukraine has finally ratified the agreement with the EU on financing under the Ukraine Facility program: it is expected to attract €1.89B in June. Ratification of the agreement will include the necessary control and audit mechanisms for the €50B instrument that is in place from 2024 through 2027, subject to the successful implementation of the P...

Wednesday, June 5

The Cabinet of Ministers of Ukraine approved a change plan with 200 reforms for 2024.

The Cabinet of Ministers of Ukraine approved a change plan with 200 reforms for 2024. The Cabinet of Ministers approved the Reform Matrix, a change plan that includes officially approved recommendations from international partners. The matrix was created with the assistance of the Worl...

Monday, May 27

Ukraine agrees on the next steps with the IMF mission and expects three more tranches totaling $4.5B this year.

Ukraine agrees on the next steps with the IMF mission and expects three more tranches totaling $4.5B this year. The Ukrainian government has synchronized with the mission of the IMF in further joint steps to restore economic growth and carry out reforms. The key areas are the restoration and decentralization of...

Ukraine announces its expectations for international financial assistance for this year.

Ukraine announces its expectations for international financial assistance for this year. Since the beginning of the full-scale war, Ukraine has attracted more than $85B in external financing, Prime Minister Denys Shmyhal said. “Over ₴1T was attracted to the budget thanks to military...

Tuesday, May 21

The Polish State Bank will finance investment projects in Ukraine.

The Polish State Bank will finance investment projects in Ukraine. Bank Gospodarstwa Krajowego (BGK) plans to start providing loan guarantees for investment projects in Ukraine, said the Chairman of the Board of the Polish Investment Agency (PAIH) Andrzej Dycha. R...

Monday, May 13

The government calls on businesses to prepare investment projects to receive funding from the EU.

The government calls on businesses to prepare investment projects to receive funding from the EU. Economy Minister Yuliya Svyrydenko called on Ukrainian businesses to prepare investment projects to use the Ukraine Investment Framework investment attraction tool. At the second International Summit ...

Thursday, May 9

After EU ambassadors voice their support for the Ukraine Facility, Ukraine looks to receive €16B in funding for 2024.

After EU ambassadors voice their support for the Ukraine Facility, Ukraine looks to receive €16B in funding for 2024. Ambassadors of the EU member states have supported the Ukraine Facility, agreeing with the positive assessment of the financial support instrument proposed by the EC. The EU Council must still approve...

Friday, May 3

The Ukrainian government has identified the most promising areas for investment and offers state support programs.

The Ukrainian government has identified the most promising areas for investment and offers state support programs. Last year, despite the war, foreign investors invested $4.25B in Ukraine’s economy, said Minister of Economy Yulia Svyrydenko. “The government, together with the private sector, has identi...

Friday, April 26

Investment opportunities in Ukraine over the next 10 years will exceed $292B.

Investment opportunities in Ukraine over the next 10 years will exceed $292B. The Ministry of Economy has identified sectors for investment that may interest foreign companies – energy, transport and logistics, agro-processing, critical materials, green steel, and digital...

Wednesday, April 24

How will Ukraine’s partners help it close the hole in its budget this year?

How will Ukraine’s partners help it close the hole in its budget this year? According to the Ukrainian government, the need for international financing in 2024 is $37.2B. As of April 20, Ukraine has received $10.2B: $4.9B from the EU (Ukraine Facility) $2.1B from Japan...

Denmark will additionally allocate about €420M to rebuild Ukraine and develop a green energy sector.

Denmark will additionally allocate about €420M to rebuild Ukraine and develop a green energy sector. Ukraine and Denmark signed a memorandum that provides for cooperation with the private sector through the Ukraine Facility mechanism with a system of loans and guarantees within the framework of the E...

Monday, April 22

The EU has set up an investment structure within the framework of the Ukraine Facility, which will help attract up to €40B to rebuild Ukraine.

The EU has set up an investment structure within the framework of the Ukraine Facility, which will help attract up to €40B to rebuild Ukraine. The EU created the Ukrainian Framework Investment Instrument, a financial lever and a component of the €50B Ukrainian Fund, with the aim of stimulating public and private investment for the recovery o...

Wednesday, April 17

The EC approves the Ukraine Facility plan; Kyiv will receive payments totaling €50B from the fund.

The EC approves the Ukraine Facility plan; Kyiv will receive payments totaling €50B from the fund. The European Commission adopted the Ukrainian Facility, which is the basis for implementing the €50B Ukrainian fund in the EU budget for 2024-2027. Thus, Ukraine will receive regular payments that are...

Monday, April 15

The EU will provide Ukraine with €3.4B in transition financing and allocate €121M for EBRD recapitalization to increase assistance to Ukraine.

The EU will provide Ukraine with €3.4B in transition financing and allocate €121M for EBRD recapitalization to increase assistance to Ukraine. The EC has made the first €4.5B payment of transitional financing for Ukraine, and the next payment of €1.5B is planned for this month, subject to Ukraine’s compliance with all established conditions....

Monday, April 8

Ukraine increases its international reserves to a new record.

Ukraine increases its international reserves to a new record. Ukraine’s international reserves grew by 18% in March and amounted to $43.8B on April 1, the National Bank reported. The regulator explained that the increase is due to the volume of income from...

Thursday, March 28

What should Ukraine expect from its international partners in 2024?

What should Ukraine expect from its international partners in 2024? In the first quarter of the year, Ukraine plans to receive almost $10.2B from partners, notes the Chairman of the Committee on Finance, Danylo Hetmantsev. In particular: $4.88B from the EU (Ukraine Fa...

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