Canada, Estonia, Finland, Norway, Sweden, Switzerland, and the UK have committed a combined $190 million through 2027 for the second phase of the Partnership Fund for a Resilient Ukraine (PFRU), according to the fund and Ukraine's government.
Second phase of Partnership Fund for a Resilient Ukraine gets $190 million in commitments
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Ukraine is already closely connected to the European Union's economy, research community, and industrial sector, but it is not yet getting the full benefit of those ties, according to a recent report by the United Nations Industrial Development Organization (UNIDO). The study found that the EU accounts for
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
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
EU releases €2.8 billion to Ukraine under reform-linked funding program
The European Commission disbursed nearly €2.8 billion to Ukraine on Monday to help finance the state budget and maintain public services as the country continues to defend itself against Russia's invasion.