News about governance, corruption, bureaucracy and the day-to-day management of the world's biggest reconstruction project.
Ukraine's State Bureau of Investigation said on Thursday it is preparing, jointly with the Ministry of Justice, to submit an appeal at the High Anti-Corruption Court seeking to nationalize the Poltava mining and processing plant owned by Swiss-headquartered and London-listed miner and iron ore pellets
Ukraine's public service faces serious challenges in attracting and retaining young professionals, particularly those with Western education and international experience, according to a study by the Professional Government Association (PGA). Nearly 65% of respondents are open to working in the public service, mainly due to a sense of
The National Anti-Corruption Bureau of Ukraine (NABU) opened a criminal case investigation involving the country's Defence Minister Rustem Umerov, which could worsen a dispute within the ministry over arms procurement, Reuters reported, citing NABU. The investigation — which was requested by a corruption watchdog — would look into allegations
The National Bank of Ukraine (NBU) is exploring the possibility of launching its own retail digital currency (CBDC), the e-hryvnia, with a pilot project currently in preparation, NBU Deputy Chairman Oleksiy Shaban said. According to Shaban, the e-hryvnia is intended to complement, not replace, cash and bank account
Ukraine has seized UAH 2.11 billion ($50.3 million) worth of raw materials from Russian aluminum tycoon Oleg Deripaska, two years after blocking their export, the Security Service of Ukraine (SSU) said on Wednesday. The SSU reported that nearly 500,000 metric tons of bauxite and alumina, stored at
Ukrainian Prime Minister Denys Shmyhal said on Tuesday that the shares of local First Investment Bank, previously owned by Russian oligarchs, will be transferred to the national postal service Ukrposhta. "In this way, we are creating a postal bank," Shmyhal said. "Ukrposhta has its branches in all
US diplomats have urgently requested an exemption for Ukraine-related programs from the 90-day foreign aid freeze and "stop work" order imposed by Secretary of State Marco Rubio on Friday, according to documents seen by the Financial Times and unnamed sources who spoke to the publication. Senior
Ukraine and Japan have outlined plans to deepen economic and industrial collaboration, focusing on joint enterprises, investment, and knowledge-sharing initiatives. The talks were held between Ukraine's Deputy Minister of Economy Andriy Telyupa and Japan's Embassy Minister Yuji Tokita on Jan 16.
Ukraine's State Institution Professional Procurement has completed its first international tender using the Prozorro eletronic public procurement system, the platform meant to serve saving UAH 58 million ($1.38 million). The SI Professional Procurement team completed the purchase of computer hardware and software, finance by the World Bank,
The European Investment Bank will use the DREAM platform, the state portal meant to organize the reconstruction of Ukraine, to allocate €100 million to support community recovery and development projects, DREAM said. Activities under the project include distributed generation facilities, municipal housing, water supply and sanitation, and healthcare.
The Japanese government said it is launching a program this year to support Ukraine in combating corruption and reforming its judicial system. The initiatives aims to help Ukraine improve governance, which could bolster its chances of joining the European Union, and secure international support for post-war reconstruction, the Japan
The World Economic Forum (WEF) established a Global Government Technology Centre in Kyiv, making it the organization's second such center worldwide, after Berlin, as it seeks to develop GovTech solutions. The center aims to leverage AI, Internet of Things (IoT), blockchain, and cybersecurity to foster an innovation ecosystem
The World Bank's board has approved providing Ukraine with $2.05 billion aid package to support the Ukrainian government in implementing reforms to strengthen the economy and improve macro-financial stability. The initiative also aims to support the government in increasing GDP per capita to meet EU levels
The European Investment Bank (EIB) said it has signed a memorandum of understanding (MoU) with Ukraine's State Bureau of Investigation (SBI) to protect its investments in the country from fraud and corruption. The MoU envisages enhanced information sharing and joint investigations between the EIB and SBI and introduces
