Section: Economy
Russia’s war caused losses to the coal industry of Donetsk and Luhansk regions worth $300M
The Deputy Minister of Energy of Ukraine Yaroslav Demchenkov reported on March 22, 2023, that mines in Donetsk and Luhansk regions (east of Ukraine) cannot fully function due to Russian military aggression, losses from the actual loss of coal mining in this region may reach 300 million dollars. Source: The Deputy Minister of Energy of Ukraine...
Russia destroyed and damaged medical facilities in Ukraine worth $2.5B
The Ministry of Health of Ukraine reported on March 24, 2023, that according to the World Bank, Russian troops destroyed and damaged medical facilities in Ukraine for the total amount of 2.5 billion dollars. Source: The Ministry of Health of Ukraine “Since the first day of the war, Russia has been striking the medical infrastructure almost...
Russia caused $144B in damage to Ukraine’s infrastructure
The Kyiv School of Economics informed on March 22, 2023, that the total amount of damage caused to the infrastructure of Ukraine as a result of the full-scale invasion of Russia is 143.8 billion dollars. Source: The Kyiv School of Economics “As of February 2023, the total amount of damage caused to the infrastructure of Ukraine due to the...
Ukraine and the IMF agreed on a new $15.6 billion program
The International Monetary Fund noted on March 21, 2023, that representatives of the IMF and the Ukrainian authorities reached an agreement at the staff level on the approval of the Extended Fund Facility (EFF) for Ukraine in the amount of more than $15 billion. Source: The International Monetary Fund (IMF) “The EFF, with requested access...
Japan will allocate $30M for non-lethal weapons for Ukraine
Japan will allocate 30 million dollars for the supply of non-lethal weapons to Ukraine through the NATO trust fund and 470 million dollars as grant aid for the energy sector and other industries. The Prime Minister of Japan Fumio Kishida said this during a joint press conference with the President of Ukraine Volodymyr Zelenskyy in Kyiv on March...
EU allocated €10M in support of the International Criminal Court’s work on Ukraine
The European Commissioner for Justice Didier Reynders informed on March 20, 2023, during the Justice Ministers Conference on Support to the International Criminal Court and its investigations into the situation in Ukraine in London, that the European Commission has allocated more than 10 million to the International Criminal Court to investigate...
USA announced a new aid package for Ukraine worth $350M
The US Secretary of State Antony Blinken announced the allocation of another package of military aid to Ukraine in the total amount of 350 million dollars on March 20, 2023. Source: The US Secretary of State Antony Blinken “Today, pursuant to a delegation of authority from President Biden, I am authorizing our 34th drawdown of U.S. arms and...
Britain signed a historic agreement with Ukraine on digital trade
The British Government informed on March 20, 2023, that the UK and Ukraine have signed a digital trade deal. This will help the economy of the two countries and strengthen investment and trade relations between the UK and Ukraine. Source: The British Government “The historic digital trade deal signed today paves the way for a new era of...
110 countries donated a total of $300M to Ukraine
The President of Ukraine Volodymyr Zelenskyy informed on March 19, 2023, that people from 110 countries have already joined the United24 fundraising platform, and the total amount of charitable contributions has crossed the mark of 300 million US dollars. Source: The President of Ukraine Volodymyr Zelenskyy “These days, our charity platform...
Black Sea Grain Initiative was extended for another 120 days
The Minister for Communities and Territories Development and Infrastructure of Ukraine Oleksandr Kubrakov informed on March 18, 2023, on Twitter, that Ukraine has reached agreements with Turkey and the United Nations regarding the extension of the grain agreement for 120 days. Source: The Minister for Communities and Territories Development and...