Ukraine needs to attract an additional 4.5 million people for reconstruction. Due to the war and forced migration abroad, the reconstruction of Ukraine will require the involvement of at least 4.5 million additional people. The government plans to solve the problem by encouragi... #RefugeesFromUkraine #RepatriationInUkraine #UkraineReconstruction #UkraineRecovery #YuliyaSvyridenko
MIGA and the DFC are finalizing six Ukrainian projects with war risk insurance. One of the projects is the Dragon Capital Industrial Park, which recently received $9.2M in military risk coverage from MIGA, said Economy Minister Yuliya Svyridenko. MIGA is working on two more proje... #DFC #InsuranceUkraine #MIGA #MilitaryRiskInsurance #UkraineEconomy #YuliyaSvyridenko
Ukraine wants all purchases made with donated funds to be processed through the Prozorro system. The Government of Ukraine working to establish Prozorro, the public procurement system, as a mandatory tool for the procurement of goods or services financed by international donors, said Economy Mini... #ProZorro #PurchasesUkraine #YuliyaSvyridenko
The Ukrainian government presents steps to ensure global food security. Minister of Economy Yulia Svyridenko stated during the summit in Malta that free and safe navigation in the Black and Azov Seas is a critical point for guaranteeing food security. In addition, importi... #agroexportukraine #GlobalFoodSecurity #GrainCorridors #Ukrainiangrain #YuliyaSvyridenko
The Ministry of Economy presents a plan for the return of Ukrainian refugees. Security and the opportunity to find a job, study, and have housing are critical factors for the return of Ukrainian refugees. The government is already working on creating conditions for implementing... #eOselya #RefugeesFromUkraine #RepatriationInUkraine #YuliyaSvyridenko
In September, Ukraine’s economy grew by more than 9%. Despite the war, the Ukrainian economy continues to recover. GDP growth in September 2023 compared to September last year was about 9.1%, the Ministry of Economy reported. At the same time, based on t... #GDPinUkraine #UkraineBusiness #UkraineEconomy #YuliyaSvyridenko
The availability of war risk insurance changes the investment environment in Ukraine and attracts private investors. According to Minister of Economy Yulia Svyridenko, the M10 industrial park, with 140,000 square meters of space, is currently being built in Lviv. The new industrial park has six production and storag... #DFC #InsuranceUkraine #KUKE #MIGA #MilitaryRiskInsurance #YuliyaSvyridenko
Donors will provide Ukraine €0.5B for demining, and Ukraine will offer partners sectors for demining. In particular, Switzerland will allocate more than €100M over the next four years, the Ministry of Economy reported. In addition, the Government of Switzerland plans to hold the Second International D... #DeminingEquipment #DeminingUkraine #SupportUkraine #WarinUkraine #YuliyaSvyridenko
This year, the DFC financed three projects in Ukraine for $110M. The cooperation between Ukrainian companies and banks with the American International Development Finance Corporation (DFC), on the one hand, increases the stability of the Ukrainian economy and, on t... #BusinessInvestments #DFC #financialaidforUkraine #InvestmentsinUkraine #YuliyaSvyridenko
Ukraine and the EU held their third round of consultations on four-year, €50B funding. As reported by the Ministry of Economy, the key topics of discussion were public administration reform, green transition and environmental protection, digitalization, reform of the justice system, cor... #EUfinancialAid #EUprogramForUkraine #UkraineFacility #YuliyaSvyridenko
Sweden and Estonia are ready to support investment in Ukraine and the country’s reconstruction. The Swedish government proposes the allocation of SEK 333M for special export credit guarantees for companies that trade with Ukraine. The Export Credit Agency of Sweden will cover the guarantees for ... #ExportCreditAgency #InvestmentsinUkraine #KredEx #UkraineReconstruction #YuliyaSvyridenko
The EBRD plans to increase support for Ukrainian businesses next year. As the Minister of Economy of Ukraine, Yulia Svyridenko, reported after the meeting with the President of the EBRD, Odile Renaud-Basso, the bank is ready to participate in financing the demining of ag... #ebrd #OdileRenaudBasso #SupportUkraine #ukrainianbusiness #YuliyaSvyridenko
MIGA has insured the first investment project in Ukraine against war risk. The insured project is the M10 Industrial Park in Lviv, which received a guarantee from the World Bank’s Multilateral Investment Guarantee Agency. MIGA provides guarantees of up to $9.2M to a Cy... #IndustrialPark #InvestmentsinUkraine #LvivIndustrialpark #MIGA #MilitaryRiskInsurance #YuliyaSvyridenko
Funding of the state budget, recovery, and the €50B Plan for Ukraine have been discussed at the Multi-Agency Donor Coordination Platform. On September 26, the sixth meeting of the Steering Committee of the Platform of Donors for Ukraine was held in Brussels. Minister of Finance of Ukraine Serhiy Marchenko emphasized that the need for in... #OleksandrKubrakov #SerhiyMarchenko #UkraineFacility #UkraineReconstruction #YuliyaSvyridenko
Ukraine’s real GDP grew by 19.5%; the economy has adapted to wartime conditions. Ukraine’s real gross domestic product in the second quarter of this year increased by 19.5% compared to the second quarter of last year, according to an operational assessment by the State Stati... #GDPinUkraine #UkraineBudget #UkraineEconomy #YuliyaSvyridenko
In seven months, Ukraine received $2.2B in direct foreign investment and seeks to develop its processing industry. According to the Minister of Economy of Ukraine, Yulia Svyridenko, Ukraine’s projected investment need for 2023-2032 is estimated at $90B. At the same time, the state plans to concentrate on dev... #GDPinUkraine #InvestmentsinUkraine #ProcessingPlantUkraine #UkraineEconomy #YuliyaSvyridenko
Ukraine’s government expects seven military risk insurance projects from MIGA and DFC by the end of 2023. The Multilateral Investment Guarantee Agency (MIGA) can implement three military risk insurance projects in Ukraine by the end of the year, and the US International Finance Corporation (DFC) can launc... #DFC #InsuranceUkraine #MIGA #MilitaryRiskInsurance #YuliyaSvyridenko
Ukraine and Korea have agreed on preferential loans for projects with participation from Korean companies. An intergovernmental agreement on loans from the Economic Development and Cooperation Fund (EDCF) was signed between the two countries in the presence of President Volodymyr Zelenskyy and the Korean M... #SouthKoreaAid #WonHeeRyong #YoonSukYeol #YuliyaSvyridenko #Zelenskyy
The framework of the Ukraine Facility will allow for attracting other donors. Developments within the framework of the Ukraine Facility program will become the foundation for further negotiations with a broader range of partner countries and financial organizations. The program... #EUprogramForUkraine #financialaidforUkraine #SupportUkraine #UkraineFacility #YuliyaSvyridenko
Poland has created a program to restore Ukraine with the participation of Polish businesses. The President of Poland, Andrzej Duda, signed an amendment to a law on export insurance guaranteed by the State Treasury, which allows the Polish state insurance corporation KUKE to provide more assis... #AndrzejDuda #InvestmentsinUkraine #KUKE #PolishBusiness #UkraineRecovery #YuliyaSvyridenko
Ukraine observes falling inflation for the second month in a row, and the economic expectations of investors and the government are improving. Consumer prices in Ukraine decreased by 1.4% in August 2023, which led inflation in Ukraine in annual terms to fall to 8.6%, the State Statistics Service reported. In July, inflation was 11.3%, and in... #GDPinUkraine #InflationinUkraine #UkraineEconomy #YaltaConference #YuliyaSvyridenko
Ukraine has become an associate partner of the Three Seas Initiative. As the President of Poland, Andrzej Duda, stated, together with Ukraine, Moldova joined the Initiative as an associate partner and Greece as a full partner. These are initiatives in the field of infra... #AndrzejDuda #ThreeSeasInitiative #YuliyaSvyridenko
What economic and investment prospects will Ukraine receive from joining the Three Seas Initiative? The Three Seas Initiative’s (3SI) financial infrastructure, particularly the 3SI Investment Fund, can play an essential role in ensuring investment in long-term projects in Ukraine, said the Min... #investments #ThreeSeasInitiative #UkraineRecovery #YuliyaSvyridenko
Baltic and Polish ports can pass 10 million tons of Ukrainian grain annually, but exports continue through Croatian ports. Lithuanian President Gitanas Nauseda believes that after the development of the port corridors of the Baltic Sea, it will be possible to transit up to 10 million tons of Ukrainian grain annually. As h... #agroexportukraine #GitanasNauseda #ThreeSeasInitiative #YuliyaSvyridenko
Ukraine and the EU have passed the second preparation stage for the five-year, €50B program. According to the Minister of Economy, Yulia Svyridenko, at the previous meeting the parties agreed on the structure and distribution of topics. This time, attention was focused on the form in which th... #EUfinancialAid #EUprogramForUkraine #UkraineFacility #YuliyaSvyridenko
Ukraine and Croatia are preparing the International Conference of Humanitarian Demining Donors in Zagreb. The event in Zagreb on October 11 and 12 will be a platform for mobilizing additional international support and resources for demining initiatives in Ukraine. “Our international partners, the G7... #DeminingUkraine #YuliyaSvyridenko
Ukraine expects to demine its territory in a few years, not decades. In 2024, it is planned to allocate UAH 576M ($16M) from the budget to purchase appropriate equipment. According to the Minister of Economy Yuliya Svyridenko, Ukraine is the most heavily mined country ... #DeminingUkraine #WarinUkraine #YuliyaSvyridenko
Ukraine and the EU have finalized the concept of Kyiv’s five-year support plan. According to Minister of Economy Yulia Svyridenko and representatives from the European Commission, the key points of the 2024-2027 plan are macro-financial recovery scenarios, a program of reforms, i... #EUfinancialAid #EUprogramForUkraine #MarleneMadsen #UkraineEconomy #UkraineFacility #YuliyaSvyridenko
The first Ukrainian demining machine is ready for mass production. The first piece of domestic demining equipment, which was developed by a Kharkiv manufacturer, has passed certification. The manufacturing company received a certificate and declaration of conformity,... #DefenseTechnology #DeminingMachine #DeminingUkraine #YuliyaSvyridenko
Ukraine will receive $244M to purchase demining equipment. Several donor countries will provide $244M to Ukraine for the purchase of special equipment for demining liberated territories, said Minister of Economy Yulia Svyrydenko. The donors committed to helpi... #demining #DeminingUkraine #MilitaryAidforUkraine #YuliyaSvyridenko
Ukraine is preparing a recovery plan based on the €50B promised by the EU. The Government of Ukraine has started preparing a recovery, reconstruction, and modernization plan (Ukraine Plan), which is necessary to receive financial assistance from the EU after 2023, the Minist... #EUfinancialAid #UkraineReconstruction #UkraineRecovery #YuliyaSvyridenko
Ukraine will begin revising the free trade agreement with four EFTA countries. On Tuesday, the Minister of Economy of Ukraine, Yulia Svyridenko, held a meeting with the European Free Trade Association (EFTA) ministers, during which she announced the decision to start domestic pr... #EFTA #FreeTradeAgreement #UkraineForeignTrade #YuliyaSvyridenko
The EBRD, the European Commission, and other partners will help Ukraine restart the private investment insurance market. The parties have agreed to create the Ukraine Reconstruction Guarantee Program to help ensure private sector insurance against war risks. In the first stage, the program will focus on the insurance of... #AnnikenHuitfeldt #DenysShmyhal #InsuranceUkraine #InvestmentsinUkraine #MilitaryRiskInsurance #ReconstructionUkraine #YuliyaSvyridenko
Economic recovery in Ukraine has begun: 2.4% GDP growth has been recorded. The State Statistics Service recorded an increase in Ukraine’s real GDP in the first quarter of 2023 compared to the fourth quarter of 2022. The seasonally adjusted growth rate was 2.4%, the Ministry ... #GDPinUkraine #UkraineEconomy #YuliyaSvyridenko
About 10% of Ukrainian refugees will remain abroad after the war. According to Ministry of Economy estimates, there are currently 5.3 to 6.2 million Ukrainians displaced abroad, including about 1.5 million in the aggressor country. The majority are women aged 25-49,... #RefugeesFromUkraine #RepatriationInUkraine #UkrainiansAbroad #YuliyaSvyridenko
Luxembourg is interested in microfinancing Ukrainian businesses. During a video meeting the Minister of Economy of Ukraine, Yulia Svyridenko, and her colleague from the Grand Duchy of Luxembourg, Franz Fayo, discussed the restoration of Ukraine, humanitarian demini... #FranzFayo #LuxembourgAidForUkraine #MilitaryRiskInsurance #ukrainianbusiness #YuliyaSvyridenko
Denmark has launched a $133M special investment fund for Ukraine. As the Minister of Economy, Yuliya Svyridenko, noted, since the beginning of the war Denmark’s total military support to Ukraine amounts to $1.4B, and total humanitarian aid, including macro-fin... #Agrofusion #AgroInvestments #InvestmentsinUkraine #nibulon #YuliyaSvyridenko
Ukraine will receive billions in aid from South Korea. On May 17, Ukraine and South Korea signed a preliminary intergovernmental agreement on loans from the Economic Development and Cooperation Fund (EDCF). Economy Minister Yulia Svyridenko said that Ukra... #ChooKyungHo #EDCF #financialaidforUkraine #SouthKoreaAid #YuliyaSvyridenko
USAID will provide $1.5M in grants to Ukrainian export alliances. The goal is to jointly support enterprises seeking to promote their products in international markets. The initiative is designed to increase the level of internationalization of Ukrainian business an... #GrantsForBusiness #UkraineForeignTrade #USAID #YuliyaSvyridenko
An American fund will provide $100,000 in micro-grants to Ukrainian small businesses. The American direct investment fund Western NIS Enterprise Fund (WNISEF) will join the financing efforts for the Own Business government program within the framework of the eRobota project. “The micro... #GrantsForBusiness #UkraineInvestments #WNISEF #YaroslavaZelinskaJohnson #YuliyaSvyridenko
Poland plans to restart Ukrainian grain transit. According to government officials, Poland has agreed to resume the transit of Ukrainian grains through its territory beginning Friday. “We will start the passage through Poland of those goods th... #GrainExportUkraine #Ukrainiangrain #YuliyaSvyridenko
The former CEO of Ukrainian Railways has been asked to provide the army with Ukrainian weapons as soon as possible. The new Minister of Strategic Industries, Oleksandr Kamyshin, must complete the reform of Ukroboronprom and establish weapons production for the military, Deputy Prime Minister Yuliya Svyridenko stres... #AlexanderKamyshin #UkrainianWeapons #ukroboronprom #YuliyaSvyridenko
Ukraine will conclude a customs visa-free agreement with the UAE and expects free trade with Japan and Australia. Ukraine is going to sign a customs visa-free agreement with the UAE in April and plans to join the Trans-Pacific Partnership Agreement, which will open the possibility of free trade with Australia, Ne... #CustomsVisaFree #TransPacificPartnership #YuliyaSvyridenko
Ukraine’s anti-corruption program will ensure economic growth and European integration for Ukraine, the Ministry of Economy is convinced. According to the Minister of Economy, Yulia Svyridenko, it is necessary to expand and strengthen what has already been accomplished in this area, to improve the s... #anticorruptionreforms #ReformsinUkraine #YuliyaSvyridenko
Ukraine calls on the EU to completely abandon trade with the Russian Federation. According to the Minister of Economy of Ukraine, Yulia Svyridenko, trade sanctions against Russia should become a comprehensive trade-blocking mechanism. She stated this during a working lunch on deve... #circumventionOfSanctions #TradewithRussia #YuliyaSvyridenko
Canada will supply drones and announces new training for the Ukrainian military. According to the National Post, discussions have concluded regarding the supply of Canadian drones, which Ukraine has called the only product on the market that meets all its operational needs. The pu... #dronestoUkraine #JustinTrudeau #trainingforUAF #YuliyaSvyridenko
Ukraine’s GDP fall in February improves over January. February 2023’s decline in GDP was 26%, which is better than January’s figure of 32%, the Ministry of Economy has stated. According to the head of the ministry, Yulia Svyridenko, in February eco... #GDPinUkraine #UkraineEconomy #YuliyaSvyridenko
Ukraine plans the return of more than 4.6 million citizens for reconstruction. Ukrainian authorities are working to create conditions suitable for the repatriation of more than 4.6 million refugee citizens. Without their participation, it will be difficult to complete the task o... #UkraineReconstruction #YuliyaSvyridenko
Ukraine will sign an agreement for the access of goods with the EU. By the end of 2023, Ukraine wants to sign an agreement to allow Ukrainian goods to have access to the EU market (ACAA). As the Minister of Economy, Yuliya Svyridenko, explained, all industrial product... #EUmarketForUkraine #Ukrainiangoods #YuliyaSvyridenko
A new industrial park is registered in Ukraine. The government has added another site to the Register of Industrial Parks, Mensky. It is located outside the city of Mena, Chernihiv Region, on the territory of the Mena City Council. In accordance wi... #IndustrialParksinUkraine #YuliyaSvyridenko
