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Destruction of Kakhovka dam inflicted $13.8 billion in damage and losses, UNDP says

Flooding damage after the explosion of the Kakhovka dam. (Photo by Oleksandr Gimanov / UNDP in Ukraine)

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Ukraine, Switzerland launch local recovery governance project

Ukraine, Switzerland launch local recovery governance project

Ukraine's finance ministry and Switzerland's State Secretariat for Economic Affairs (SECO) have signed a memorandum of understanding to launch the Fiscal Governance for Local Reconstruction and Recovery (FG4R) project. The four-year initiative aims to strengthen public financial management at national and local levels to support

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Ukraine receives €236 million loan under World Bank's PEACE project

Ukraine receives €236 million loan under World Bank's PEACE project

Ukraine has received €236 million in loan financing under the World Bank's Public Expenditures for Administrative Capacity Endurance (PEACE) project, Ukraine's finance ministry said. The funding was extended by the International Bank for Reconstruction and Development (IBRD) under a guarantee from the Swedish government, the finance

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