worldbank

Thursday, May 12

The World Bank will cover the salaries of Ukraine’s state employees. The World Bank will provide Ukraine with an average of $200M a month to pay civil servants and teachers, for a total of $1.5B, said Deputy Minister of Finance of Ukraine Roman Yarmolychev. He assured...

Monday, May 2

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. &#...

Wednesday, April 27

Food and Energy prices will increase drastically in 2022. According to a quarterly report by the World Bank, world energy and food prices will rise sharply this year due to the full-scale Russian invasion of Ukraine. As forecasted by the World Bank, global...

Wednesday, April 20

The World Bank is preparing a $170B aid package amid the Ukraine war fallout. The World Bank cut its forecast for global economic growth this year due to the Russian war in Ukraine and is preparing a $170B aid package for nations to deal with the confluence of the war, pandemi...

The world bank has allocated $88.6M for student scholarships in Ukraine. Ukraine has received an $88.6M tranche from the World Bank to reimburse the Government of Ukraine for academic and social scholarships, reported the Ministry of Finance. The bank provided these funds...

Thursday, April 14

Emergency medical equipment is coming to Ukraine this month. As part of the World Bank’s “Serving People, Improving Health” project, the Ministry of Health of Ukraine has signed nine contracts totaling about $35M to procure and deliver emergency medical equipm...

Wednesday, April 13

The World Bank is preparing $1.5B in aid for Ukraine. The World Bank is preparing a $1.5B support package for Ukraine, which is suffering from the Russian war, including a $1B disbursement from the Development Fund to the poorest countries, said World B...

Tuesday, April 12

Ukreximbank raises $100M from the World Bank to provide medium- and long-term financing. The Law on Ratification of the Guarantee Agreement between Ukraine and the International Bank for Reconstruction and Development allows Ukreximbank to attract a state-guaranteed loan of $100M for 20 ...

Friday, March 25

Ukraine’s budget receives more than $2B and €1B in international aid. These include $1.4B in assistance from the IMF macro-financial assistance, €600M from the European Union, €312M from the World Bank, and €400M from the European Investment Bank. Minister of Finance Se...

Wednesday, March 9

The World Bank has approved $723M in support for Ukraine. The World Bank has approved $723M in loans and grants for Ukraine, which is fighting the Russian invasion, reported BBC. The package includes a $350M loan, increased by about $139M, as a result of gua...

Monday, March 7

Ukraine may soon receive more than $4.4B from the IMF and the World Bank. The World Bank is preparing a $3B aid package for Ukraine in the coming months, and next week the IMF will decide on emergency financing of up to $1.4B. This information comes from a joint statement ...

The World Bank has suspended all programs in Russia and Belarus. The World Bank said it had stopped all programs in Russia and Belarus with immediate effect, following the Russian invasion of Ukraine and “hostilities against the people of Ukraine.” In a...

Thursday, January 27

Ukraine and the World Bank have completed the Second Road Improvement Project for $450M. In the framework of the agreement with the International Bank for Reconstruction and Development (IBRD), Ukraine has implemented the “Second Road Improvement and Traffic Safety Project, as reported b...

Thursday, December 16

The World Bank has allocated $350 mln for social programs in Ukraine over two years. The contribution to Ukraine’s state budget will support social programs, said the Minister of Social Policy, Marina Lazebna, during a meeting with representatives of the World Bank. The parties ...

Monday, December 13

EIB and the World Bank to provide Ukraine with funding to fight Covid-19. EIB’s contribution includes a €50 mln loan to purchase vaccines against the coronavirus reported Interfax. The World Bank allocation of $150 mln will provide additional funding for the Covid-19 ...

Monday, December 6

In December, the World Bank will consider allocating two tranches of up to $500 mln to Ukraine. The World Bank will consider granting Ukraine a second loan of €300 mln for development policy in the field of economic development, reported Interfax. According to the Minister of Finance, Serhiy Mar...

Wednesday, December 1

The Restoration of Ukraine Eastern Corridors. From November 29 to December 8, 2021, the World Bank’s mission to support the implementation of the project – Eastern Ukraine: Reunification, Reconstruction and Revival (Project 3B) will r...

Tuesday, April 20

The World Bank is commencing a new $100 million program for Ukrainian small and medium-sized businesses to receive soft loans for export-oriented projects, reported the Finance Ministry reports. Yesterday, the Cabinet of Ministers formally approved the long-term financing facility.

Monday, April 5

The World Bank is discussing a $200 million loan for improving IT higher education , the Finance Ministry wrote on Facebook. The funds will be spent on computers and to tailoring university curricula to real world employer needs. The Digital Transformation Ministry has set a goal of...

Friday, August 14

After Belarus President Aleksandr Lukashenko cracked down violently in the wake Sunday’s presidential election, U.S. Secretary of State Mike Pompeo said Washington is considering ending oil shipments to Belarus. After Belarus President Aleksandr Lukashenko cracked down violently in the wake Sunday’s presidential election, U.S. Secretary of State Mike Pompeo said Washington is considering ending oil shipments ...

By Sept. 15, all of Ukraine’s ports are to complete “extraordinary measures for government supervision” of the import, handling and storage of ammonium nitrate, By Sept. 15, all of Ukraine’s ports are to complete “extraordinary measures for government supervision” of the import, handling and storage of ammonium nitrate, Prime Minister Shmygal has ordered. The...

Ukraine, Europe’s largest food exporter, is a major importer of ammonium nitrate, a key component of fertilizers. Ukraine, Europe’s largest food exporter, is a major importer of ammonium nitrate, a key component of fertilizers. Last year, Ukraine imported 716,000 tons, at least seven times the volume of 2016, acc...

At Pivdennyi, Ukraine’s busiest port, 9,600 tons of ammonium nitrate are stored “in accordance with all norms and standards,” At Pivdennyi, Ukraine’s busiest port, 9,600 tons of ammonium nitrate are stored “in accordance with all norms and standards,” the seaport administration says in a statement. The compound is “packed in...

Behind the devastating Beirut port explosion was a Russian business man who abandoned his ship, his 8-man Ukrainian crew and his cargo of ammonium nitrate in Beirut in 2013, Behind the devastating Beirut port explosion was a Russian business man who abandoned his ship, his 8-man Ukrainian crew and his cargo of ammonium nitrate in Beirut in 2013, according to a Reuters sto...

Flying the flag of Moldova, a landlocked nation, the ship, the Rhosus, was loaded in Sept. 2013 with 2,750 tons of ammonium nitrate produced by Rustavi Azot, a nitrogen producer in Georgia Flying the flag of Moldova, a landlocked nation, the ship, the Rhosus, was loaded in Sept. 2013 with 2,750 tons of ammonium nitrate produced by Rustavi Azot, a nitrogen producer in Georgia. The cargo ...

With the Rhosus disabled by the leak, Grechushkin abandoned the ship and the crew, With the Rhosus disabled by the leak, Grechushkin abandoned the ship and the crew, both news agencies report. Four crew members were forced by Lebanese officials to stay on the ship for 11 months to p...

IFC is supplying a $35 million loan to help Galnaftogaz to improve its supply of fertilizer and fuels to small farmers. IFC is supplying a $35 million loan to help Galnaftogaz to improve its supply of fertilizer and fuels to small farmers. The Lviv-based company has pioneered allowing farmers to buy fertilizer and seed...

After good weather in eastern and central Ukraine, the USDA has raised its Ukraine harvest forecasts to: 27 million tons of wheat, and 39.5 million tons of corn. After good weather in eastern and central Ukraine, the USDA has raised its Ukraine harvest forecasts to: 27 million tons of wheat, and 39.5 million tons of corn. “Yields are expected to be the second ...

Ukraine’s Avangard, Europe’s largest egg producer, may close six of its 20 farms, cutting production by 20% by mid-October, Ukraine’s Avangard, Europe’s largest egg producer, may close six of its 20 farms, cutting production by 20% by mid-October, reports Poultry World. UkrLandFarming, Avangard’s parent company, may have t...

Next year, Ukraine will create a domestic airline based on a fleet of regional jets produced by Kyiv’s Antonov Next year, Ukraine will create a domestic airline based on a fleet of regional jets produced by Kyiv’s Antonov, Infrastructure Minister Vladyslav Krykliy said yesterday on a visit to Kharkiv State Air...

Betting that corona travel restrictions will ease, SkyUp announces seven new international routes for its winter schedule. Betting that corona travel restrictions will ease, SkyUp announces seven new international routes for its winter schedule. Starting Oct. 25, Ukraine’s discount carrier will fly from Kyiv Boryspil to A...

Starting today, Ukraine’s new electronic visa platform launches at this address: Starting today, Ukraine’s new electronic visa platform launches at this address: https://evisa.mfa.gov.ua/. Citizens of India, the Philippines and South Africa will be able to get electronic visas for...