Ukraine's Finance Ministry said it has signed a $4.8 billion loan agreement with the World Bank under the lender's Public Expenditures for Administrative Capacity Endurance (PEACE) project. The loan, to be financed by the US and other development partners, will be used for priority social
Ukraine's youth are grappling with a profound decline in quality of life alongside intense psychological and emotional challenges amid the ongoing war with Russia, research by the London School of Economics and Political Science (LSE) and the British Council found. The research was conducted through online focus groups
In a televised address, Russian President Vladimir Putin stated that Moscow fired on Thursday hypersonic ballistic missiles at a Ukrainian military facility, warning that more could follow, as cited in a Reuters report. Putin has warned that the war in Ukraine is escalating, saying Moscow fired the missiles in response
Ukraine's "Army of Recovery" public works program has given temporary employment to more than 200,000 Ukrainians since it began two years ago, the Ukrainian government said in a press release. The project aims to provide unemployed Ukrainians with a temporary job that focuses on the
Russia strikes three of DTEK's thermal plants, industry source says Russia's weekend missiles strikes on Ukraine hit three of the working thermal plants owned by DTEK, the country's largest private power producer, Reuters reported, citing an unnamed industry source
South Korea's agricultural machinery company Daedong said it has signed a three-year agreement to export tractors worth KRW 30 billion ($21.5 million) to Ukraine. In a press release on Thursday, Daedong described the move as a "full-scale entry" into the Ukrainian agricultural machinery
Today's Contents Reporter's Notepad: * A Sale of Two Banks? Possible hints, rumors and observations from the Economy Ministry, the EBRD, Rothschild & Co and CMS about the government's plan to sell two state banks Just The Facts: * IFC, DFC, Raiffeisen Bank Ukraine launch $210
A consortium of British, Ukrainian and Dutch organizations secured GBP 16 million ($20 million) in funding from the UK government for a project that aims to up-cycle Ukraine's war-torn rubble into green building materials, the University of Leeds said in a press release. The group includes
The UN World Food Programme's executive board approved an interim strategic plan for Ukraine for the 2025-2027 period with a total budget of $2.1 billion, Ukraine's Prime Minister Denys Shmyhal said in a post on X on Wednesday. The plan includes humanitarian aid, support
The International Bank for Reconstruction and Development (IBRD) and Ukraine's government on Wednesday signed a memorandum of understanding (MoU) on knowledge sharing, according to a press release. "The Memorandum provides for the exchange of knowledge and best practices on economic growth, business support and the implementation of
The International Finance Corporation (IFC), the US International Development Finance Corporation (DFC), and Raiffeisen Bank Ukraine have established two risk-sharing facilities totaling about $210 million to support Ukrainian small and medium enterprises (SMEs) and midcaps, IFC said in a press release on Wednesday. Under the first risk-sharing facility,
Lithuania will allocate €10 million to the World Bank's Ukraine Relief, Recovery, Reconstruction and Reform Trust Fund (URTF), the country's finance ministry said in a press release on Tuesday. The funding will contribute to the reconstruction of Ukraine's destroyed energy infrastructure, houses, schools, and
