A team from the International Monetary Fund (IMF) is visiting Kyiv for the fifth review of the lender's $15.6 billion aid program for Ukraine, Ukrainian Prime Minister Denys Shmyhal said.
The IMF team is meant to decide on an additional $1.1 billion disbursement from the program, the prime minister said on his Telegram account. The last disbursement, of $2.2 billion, came at the end of June.
Canada announced C$635 million ($460 million) in new financing and guarantees for Ukraine's energy security and reconstruction, alongside an agreement to establish a 100-year strategic partnership between the two countries. Nearly C$435 million will be provided as new loan guarantees to the European Bank for
The International Finance Corporation plans to launch a €50 million donor-funded program as a pilot for its proposed Viability Gap Facility meant to make certain Ukrainian infrastructure public-private partnerships more commercially viable, a senior IFC official said. The pilot is expected to cover two or three projects, with
Ukrainian companies are changing the skills they require for existing jobs as they adapt to worker shortages and wartime disruption, with digital capabilities becoming increasingly important, according to a new World Bank study. After the full-scale invasion, digital skills accounted for 13.09% of the skills employers sought in
