Where it comes from and where it's going.
The European Investment Bank (EIB) issued two loans totaling €450 million to help Ukraine repair damaged infrastructure and support the country's economy, the lender said during a high-level visit to Kyiv. The loans, financed by the bank’s member-backed EU for Ukraine fund, comes as EIB President Werner
The BlackRock-coordinated Ukraine Development Fund (UDF) will seek between $500 million and $1 billion of "catalytic capital" as a step toward attracting $2 billion to $4 billion in commercial capital, a BlackRock spokesperson said. The fund, which is being created pro-bono for the Ukrainian government by BlackRock'
The US International Development Finance Corporation (DFC) issued a $40 million loan portfolio guarantee to Raiffeisen Bank that will allow the bank to issue $50 million in loans to micro, small and mid-size businesses in Ukraine over the next eight years. The DFC guarantee, developed with technical support from United
The European Bank for Reconstruction and Development (EBRD) has agreed to lend €200 million to Ukrainian state gas company Naftogaz to build up gas reserves ahead of the winter heating season. The loan is the second part of a €500 million package, including €300 million lent last year to help
The Council of Europe Development Bank (CEB) has agreed to lend €100 million to Ukraine's Ministry of Health to rebuild hospitals, clinics and other medical facilities damaged in the war with Russia. The loan, the CEB's first to Ukraine, is also meant to support mobile teams
The board of directors of the European Bank for Reconstruction and Development (EBRD) has called for a paid-in capital increase of €4 billion that would let the bank, already the largest lender to Ukraine, double its investment in the country. "The additional capital would enable the EBRD to continue
The US International Development Finance Corporation (DFC) will send a special representative to Ukraine to help foreign investors find insurance and financing to participate more easily in the reconstruction of the country, Ukrainian Economy Minister Yulia Svyrydenko said. "By the end of the year, DFC promises to start financing
Some 70% of Ukrainians believe their country will undergo an economic boom when the war ends, led by a foreign investment boom during reconstruction and reparations by Russia, according to a study by the Kyiv International Institute of Sociology (KIIS). When asked whether they thought Ukraine will see rapid economic
The International Monetary Fund raised its estimate of 2023 economic growth in Ukraine, saying the country shows "remarkable resilience" but warned growth is likely to slow in 2024 as the war continues. A week-long IMF monitoring mission reviewing the fund's support agreements with Ukraine said gross
European Union member nations are preparing a workaround to provide Ukraine with a promised €50-billion reconstruction aid package even if Hungary vetoes it, Bloomberg reported, citing unnamed sources. Under the backup plan, individual member states would offer national guarantees to attract financing in the markets and substitute for the EU&
Ukraine has told its allies that it needs all frozen Russian assets, and not just the interest on those assets, or it won't likely receive enough funding to pay for reconstruction of the country, Reuters reported. Ukrainian Deputy Justice Minister Iryna Mudra told the news agency in an
Foreign ministers of the G7 nations vowed to maintain a freeze on Russian assets in the West until the country "pays for the damage it has caused to Ukraine," and renewed their commitment to support the reconstruction of Ukraine. The foreign ministers of Canada, France, Germany, Italy, Japan,
The government of Denmark will provide €40.2 million in reconstruction aid to Mykolaiv to help the damaged Ukrainian city repair its heating infrastructure to cope with the coming winter. The funds will also buy 40 mobile heating boilers to help the city cope with the cold, and they will
International Monetary Fund monitors started a second review on Monday of the institution's ongoing multi-billion dollar support program for Ukraine, possibly paving the way for the release of the next tranche of approximately $900 million in aid. The IMF's discussions with Ukrainian officials over its $15.
The Japan International Cooperation Agency (JICA), the agency that handles development funds for the Japanese government, has re-opened its office in Ukraine, reported Japanese public broadcaster NHK. The agency, which is administering about $1.1 billion worth of Ukrainian aid projects for the Japanese government, has been coordinating Ukrainian operations
