A government-proposed tax increase in Ukraine is key to maintaining support of foreign donors and bondholders who seek greater guarantees of medium-term stability, IMF Ukraine mission Chief Gavin Gray said.
"The donors are looking for Ukraine to play its part in progressively becoming more self-reliant," Gray said. "So, consequently, progress in adopting the tax package will influence donors' willingness to continue to support Ukraine."
Canada announced C$635 million ($460 million) in new financing and guarantees for Ukraine's energy security and reconstruction, alongside an agreement to establish a 100-year strategic partnership between the two countries. Nearly C$435 million will be provided as new loan guarantees to the European Bank for
The International Finance Corporation plans to launch a €50 million donor-funded program as a pilot for its proposed Viability Gap Facility meant to make certain Ukrainian infrastructure public-private partnerships more commercially viable, a senior IFC official said. The pilot is expected to cover two or three projects, with
Ukrainian companies are changing the skills they require for existing jobs as they adapt to worker shortages and wartime disruption, with digital capabilities becoming increasingly important, according to a new World Bank study. After the full-scale invasion, digital skills accounted for 13.09% of the skills employers sought in
