Ukraine has agreed to a US proposal to enact an immediate, interim 30-day ceasefire, subject to acceptance and implementation by Russia, the governments of the US and Ukraine said in a joint statement on Tuesday.
The statement followed a meeting between US State Secretary Marco Rubio and National Security Advisor Mike Waltz, and Ukrainian Foreign Minister Andrii Sybiha and the Head of Presidential Office Andriy Yermak in Saudi Arabia's port city of Jeddah.
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 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
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.
The governors of the European Bank for Reconstruction and Development (EBRD) reaffirmed Ukraine as the bank's top priority, pledging continued support for the country during the war and its future reconstruction, while also backing increased assistance for economies affected by conflict in the Middle East.
